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

Presidential Scholarship
Total Worth: Up to $35,000
Eligibility: Up to $35,000
Separate application needed: No

Faculty Scholarship
Total Worth: Up to $31,000
Eligibility: Up to $31,000
Separate application needed: No

Dean’s Scholarship
Total Worth: Up to $26,000
Eligibility: Up to $26,000
Separate application needed: No

Stetson University provides aids at an average of 35646 per student meeting 77% of students need. 100% of students with need receive financial aid at an average of 31065 need-based grant. They also provide other scholarships including Legacy Scholarship and Music Scholarship.