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

Presidential Scholarship
Minimum Criteria: GPA 3.5
Requirement for maintenance: minimum 3.0 cumulativeGPA
Separate application needed: No

Quill Scholarship
Minimum Criteria: GPA 3.0-3.49
Requirement for maintenance: minimum 2.5 cumulative GPA
Separate application needed: No

Penman Scholarship
Minimum Criteria: GPA 2.5-2.99
Requirement for maintenance: 2.0 ciumulative GPA
Separate application needed: No

Southern New Hampshire University provides aids at an average of 23900 per student meeting 62% of students need. 100% of students with need receive financial aid at an average of 5603 need-based grant. They also provide other scholarships including New Hampshire Governor’s Scholarship and Alumni Family Scholarship.