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

General Merit Based Scholarship Category 1
Total Worth: $28,000 to $30,000 per year
Eligibility: $28,000 to $30,000 per year
Minimum Criteria: GPA 3.90+, SAT 1330+/ACT 29+
Separate application needed: No

General Merit Based Scholarship Category 2
Total Worth: $25,000 to $27,000
Eligibility: $25,000 to $27,000
Minimum Criteria: GPA 3.50+, SAT 1200+/ACT 25+
Separate application needed: No

General Merit Based Scholarship Category 3
Total Worth: $22,000 to $24,000
Eligibility: $22,000 to $24,000
Minimum Criteria: GPA 3.25+, SAT 1130/ACT 23+
Separate application needed: No

Lake Forest College provides aids at an average of 42480 per student meeting 87% of students need. 100% of students with need receive financial aid at an average of 35560 need-based grant. They also provide other scholarships including Fine Art Scholarships and Yellow Ribbon Program.