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

Presidential Scholarship
Total Worth: $14,000 per year+room and boards
Eligibility: $14,000 per year+room and boards
Minimum Criteria: GPA: 4.63, SAT: 1460-1550
Separate application needed: No
Application deadline: November 15

Provost Scholarship
Total Worth: $14,000 per year
Eligibility: $14,000 per year
Minimum Criteria: GPA: 4.49, SAT: 1365-1460
Separate application needed: No
Application deadline: November 15

Deans’ scholarships
Total Worth: $7,000 per year
Eligibility: $7,000 per year
Minimum Criteria: GPA: 4.35, SAT: 1305-1420
Separate application needed: No
Application deadline: November 15

Virginia Commonwealth University provides aids at an average of 12175 per student meeting 55% of students need. 97% of students with need receive financial aid at an average of 9893 need-based grant. They also provide other scholarships including Alcoa Foundation Community Scholarship and Sica Family Single Mother Scholarship.