My D is committed to attend a school (in-state) that offers auto merit for stats. Students must maintain a 3.0, earn 30 credit hours per academic year, and live on campus for minimum 2 years. Value of merit varies based on stats.
Another local U she considered also offers merit for stats. We have been watching that one for a few years, and have seen the stat requirements increase each year over the past 3. A friend of mine has 2 students there, and she says they have to be very careful to watch their grades as well as their credit hours to make sure they don’t lose the merit. Dropped classes, etc. can be a problem.