Washington and Lee is a great school. They meet full need for all accepted students. The only substantial merit award they have is the Johnson Scholars program which is HIGHLY competitive and is awarded to 40 incoming freshmen a year. The school is in a lovely location, but certainly not urban by any jeariew or means…or even particularly convenient to an urban area.
https://www.wlu.edu/financial-aid Here is the link to their financial aid page.
Strong school…but the Johnson Scholarship is not a slam dunk for anyone.