Yeah, Washington & Jefferson College does provide scholarships based on merit. Here are some of them:

The Howard J. Burnett Presidential Scholarship
Total Worth: $15,000-$19,000
Eligibility: $15,000-$19,000
Minimum Criteria: Based on academic performance
Requirement for maintenance: Maintains full-time enrollment status, remains in a degree-seeking program, abides by the regulations governing college life, makes Satisfactory Academic Progress (SAP), and meets GPA requirements for his/her respective award.

W&J Scholars Award
Total Worth: $5,000
Eligibility: $5,000
Minimum Criteria: Based on academic performance
Requirement for maintenance: GPA: 2.5

Dean’s Award
Total Worth: $8,000-$11,000
Eligibility: $8,000-$11,000
Minimum Criteria: Based on academic performance
Requirement for maintenance: GPA: 2.5

Washington & Jefferson College provides aids at an average of 38035 per student meeting 67% of students need. 100% of students with need receive financial aid at an average of 10690 need-based grant. They also provide other scholarships including The Pittsburgh Promise Scholarship and Alumni Scholarship.