Yeah, Rowan University does provide scholarships based on merit. Here are some of them:

The Rowan University Scholars Program
Minimum Criteria: a minimum cumulative high school Grade Point Average (GPA) of 3.0 and a combined Evidence-Based Reading/Writing and Math SAT score of at least 1220 (ACT composite score 25)
Separate application needed: No

Transfer Trustee Scholarship
Total Worth: $5,000/year
Eligibility: $5,000/year
Minimum Criteria: graduate with the highest GPA. Minimum 3.5 GPA required for consideration

Rowan University provides aids at an average of 9618 per student meeting 67% of students need. 94% of students with need receive financial aid at an average of 9710 need-based grant. They also provide other scholarships including Inductotherm Scholarship.