<p>They do do Merit aid. A girl my daughter went to school with got a full tuition scholarship from Vandy - definitely merit based. The blurb in the high school brag sheet said it was one of only 15 full tuition scholarships Vanderbilt offers. They went to an ultracompetitive HS and she was one of the best students there. My daughter had a 32 ACT and I know this girl had much higher stats than she does but am not sure what.</p>