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

Presidents’ Distinguished
Total Worth: $10,000+Study Abroad+iPad
Eligibility: $10,000+Study Abroad+iPad
Minimum Criteria: 33-36 ACT ; GPA 3.7-4.0
Separate application needed: No

Academic Excellence
Total Worth: $9,000+iPad
Eligibility: $9,000+iPad
Minimum Criteria: 30-32 ACT ; GPA 3.7-4.0
Separate application needed: No

Academic Merit
Total Worth: $7,000
Eligibility: $7,000
Minimum Criteria: 26-29 ACT ; GPA 3.7-4.0
Separate application needed: No

University of Louisiana at Monroe provides aids at an average of 8402 per student meeting 64% of students need. 99% of students with need receive financial aid at an average of 2677 need-based grant. They also provide other scholarships including NABP-AACP District 6 Annual Scholarship and Thomas Y. Harp Memorial Scholarship.