Yeah, Miami's pre-med program has a really strong track record. I think something like 80% of students with GPAs above a 3.2 and an MCAT score of above a 24 (with no scores lower than an 8) are accepted into med school. I know I'm a little off on those numbers, since they just redid the pre-med website and I can't find anything! In the past three years, 64% of Miami applicants were accepted into med school, and the national average is 47%. Miami does have a committee process, but the committee cannot prevent students from applying.
There are quite a few merit scholarships, most notably the Harrison scholarship. In addition, there are merit scholarships for out-of-state students, but you'd have to look at the financial aid website for more information.
Miami University: Office of Student Financial Assistance: Scholarships
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