Yeah, St. Mary’s College of Maryland does provide scholarships based on merit. Here are some of them:

St. Mary’s Academic Achievement Scholarship
Total Worth: 1,000 to 5,500 for Maryland residents and 5,000 to 15,000 for non-Maryland residents per academic year
Eligibility: 1,000 to 5,500 for Maryland residents and 5,000 to 15,000 for non-Maryland residents per academic year
Minimum Criteria: cumulative unweighted GPA exceeding 3.25, and achieve a combined SAT 1 score of 1100 or higher.
Separate application needed: No

St. Mary’s College of Maryland provides aids at an average of 15606 per student meeting 72% of students need. 99% of students with need receive financial aid at an average of 11527 need-based grant.