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

Presidential Scholarships
Total Worth: $5,000-$38,000
Eligibility: $5,000-$38,000
Separate application needed: No

High Point Scholarship
Total Worth: $2,000-$5,000
Eligibility: $2,000-$5,000
Separate application needed: No

High Point University provides aids at an average of 15623 per student meeting 52% of students need. 100% of students with need receive financial aid at an average of 12637 need-based grant. They also provide other scholarships including Music Scholarships and Athletic Scholarships.