Yeah, Sweet Briar College does provide scholarships based on merit. Here are some of them:

Merit Scholarships
Total Worth: $2,000 to $7,000
Eligibility: $2,000 to $7,000
Separate application needed: No

Sweet Briar College provides aids at an average of 34928 per student meeting 82% of students need. 100% of students with need receive financial aid at an average of 28753 need-based grant. They also provide other scholarships including Presidential Scholarships and Girl Scouts Gold Award Scholarship.