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

President’s Scholarship
Total Worth: $2,000 to $12,500 per year
Eligibility: $2,000 to $12,500 per year
Requirement for maintenance: A minimum 3.20 cumulative GPA; successfully complete 30 credits per academic year
Separate application needed: No

Dean’s Scholarship
Total Worth: $1,500 for one year , or $4,500 for each of the first two years
Eligibility: $1,500 for one year , or $4,500 for each of the first two years
Requirement for maintenance: A minimum 3.20 cumulative GPA; successfully complete 30 credits per academic year
Separate application needed: No

Frederick Douglass Scholarship
Total Worth: $5,000 per year
Eligibility: $5,000 per year
Minimum Criteria: completed 56 or more credits or have an Associates of Arts degree and have a cumulative grade point average of 3.5 or better
Requirement for maintenance: A minimum 3.20 cumulative GPA; successfully complete 30 credits per academic year
Separate application needed: Yes
Application deadline: March 1

University of Maryland provides aids at an average of 11813 per student meeting 64% of students need. 100% of students with need receive financial aid at an average of 3481 need-based grant. They also provide other scholarships including Swopsmart Scholarship and David Ghozland Scholarship Program.