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

General John J. Pershing
Total Worth: tuition and average on-campus room and meal plan annually, plus a one-time $4,000 per year study abroad stipend
Eligibility: tuition and average on-campus room and meal plan annually, plus a one-time $4,000 per year study abroad stipend
Minimum Criteria: top 3% of their HS class with ACT or SAT scores in the top 3% nationally
Separate application needed: No

President’s Honorary
Total Worth: Varies
Eligibility: Varies
Minimum Criteria: Record of exceptional academic achievement
Separate application needed: No

Truman State University provides aids at an average of 13306 per student meeting 88% of students need. 100% of students with need receive financial aid at an average of 8717 need-based grant. They also provide other scholarships including Harry S. Truman Leadership and Military Non-Resident Tuition Waiver.