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They may cover more than your estimated need (I got about something around $5000 more than my FAFSA indicated I needed), but this probably won't be as much as you are looking for. I would definitely try out the merit scholarships (it can't really hurt to try, even if you think you might not win), and go for other scholarships (use a website like fastweb or one of many similar sites to find scholarships, and apply for any and all that apply to you, especially if they aren't too much work, because nobody wants to spend all their time on applications/scholarships, no matter how much it may benefit them).
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