Florida Institute of Technology-Online is a private research university in Melbourne, Florida, enrolling about 475 students. Admission is moderately selective, with an acceptance rate of about 40.18% in federal reporting data. Median earnings about ten years after entry reach about $43,137 among students who received federal aid.

Key Facts

  • 2024 Undergraduate Tuition: $12,780
  • 2024 Average Net Price: $18,405 After Financial Aid
  • 2024 Acceptance Rate: 40.18% Selective
  • 2024 Enrolled Students: 475 65.3% Full-Time
  • 2024 Graduation Rate: 0.00%

Florida Institute of Technology-Online: what the data shows

Common questions about Florida Institute of Technology-Online, answered from College Scorecard and IPEDS in this repository.

Where is Florida Institute of Technology-Online?

Florida Institute of Technology-Online is located in Melbourne, FL (ZIP 32901-6975).

NCES locale classification: Town.

Is Florida Institute of Technology-Online public or private?

Florida Institute of Technology-Online is a Private Non-profit institution.

How much does Florida Institute of Technology-Online cost?

Published tuition: $12,780.

Average net price after aid: $18,405.

Family income bandAvg. net price
Family income $0–$30,000$17,230
$75,001–$110,000$20,945
$110,001+$23,012

Sticker tuition × four years (estimate, no room/board): $51,120.

How hard is it to get into Florida Institute of Technology-Online?

Admission rate: 40.18%.

Scorecard does not publish admitted-student GPA for most institutions.

How big is Florida Institute of Technology-Online?

Total enrollment: 475 students.

About 65% enroll full-time in our extract.

What is the graduation rate at Florida Institute of Technology-Online?

First-year retention: 63.6%.

What do graduates of Florida Institute of Technology-Online earn?

Median earnings: $41,941 six years after entry; $43,137 ten years after entry (College Scorecard).

How much debt do students have?

Median federal loan debt among completers: $27,000.

48.97% of students receive Pell grants.

What is Florida Institute of Technology-Online known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is Florida Institute of Technology-Online a good school?

We do not score schools on opinion. Federal data in our extract show admission rate 40.18%; median earnings $43,137 at 10 years; net price $18,405. Compare these figures to your cost, aid, and career goals.

Costs

Tuition Costs

$12,780
2024 Undergraduate Tuition

In 2024, the cost of tuition at Florida Institute of Technology-Online was $12,780.

Tuition comparison with similar institutions.

Average Net Price

$18,405
2024 Value

In 2024 Florida Institute of Technology-Online had an average net price — the price paid after factoring in grants and loans — of $18,405.

Average net price comparison with similar institutions.

Total Cost of Attendance

$73,620 Estimated 4-Year Total Cost

$18,405 Average Annual Net Price (after aid)

$51,120 4-Year Tuition

Costs include tuition and fees. Room & board, books, and other expenses are additional.

4-year total cost breakdown for Florida Institute of Technology-Online.

Financial Aid by Income Level

48.97% Undergraduates Receiving Financial Aid through Grants

57.23% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Florida Institute of Technology-Online was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Florida Institute of Technology-Online in that year.

Reporting years in the table below: 20192023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2019$12,240$12,240
2020$12,240$12,240$24,838
2021$12,240$12,240$24,841
2022$12,240$12,240$23,795
2023$12,240$12,240$25,374

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Admissions

Acceptance Rate

40.18% Acceptance Rate

This institution is selective, accepting about half of all applicants.

Acceptance rate compared to national average.

Test Scores

Test score data is not available for this institution.

Average SAT and ACT scores for admitted students.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA and test score ranges.

Enrollment

Full-Time vs Part-Time Enrollment

65.3% Full-Time Enrollment

The total enrollment at Florida Institute of Technology-Online in 2024 is 475 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

63.6%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Graduates & Outcomes

Time to Complete

0.00% 100% Completion Time

0.00% 150% Completion Time

In 2024, 0.00% of students graduating from Florida Institute of Technology-Online completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

ROI & Programs

Financial value and program information for Florida Institute of Technology-Online.

Return on Investment

$27,000 Median Student Debt

$43,137 Median Annual Earnings (10 years)

62.59% Debt-to-Earnings Ratio

485.94% Return on Investment

6.3 years Estimated Payback Period

Financial value analysis for Florida Institute of Technology-Online.

Top Programs by Completions

10 Programs Reporting Data

CIP 52.0201: 102 completions

CIP 42.2813: 45 completions

CIP 52.1201: 35 completions

CIP 49.0104: 32 completions

CIP 52.0203: 32 completions

CIP 52.0211: 30 completions

Computer Science - 11.0401: 25 completions

Health & Medical Administrative Services: 25 completions

CIP 52.0301: 19 completions

Other/Unknown Programs: 405 completions

Most popular programs at Florida Institute of Technology-Online.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for Florida Institute of Technology-Online graduates.

About

Florida Institute of Technology-Online is a private non-profit institution located in Melbourne, FL, offering 19 distinct degree programs across various academic disciplines. The institution enrolls approximately 475 students. It is selective, with an admission rate of 40.18%. Approximately 48.97% of students receive Pell Grants.

Institution Type

Private Non-profit

Location

Melbourne, FL 32901-6975

Region: Southeast

Insights and Analysis

Florida Institute of Technology-Online provides educational opportunities for students seeking higher education. Prospective students should carefully evaluate all factors including costs, outcomes, and program offerings when making their enrollment decisions.

FAQ

How much does Florida Institute of Technology-Online cost?

Reported in-state tuition is $12,780 and average net price is $18,405 in the latest College Scorecard data.

How hard is it to get into Florida Institute of Technology-Online?

The admission rate is 40.2% among first-time degree-seeking students reporting admissions data.

What do graduates of Florida Institute of Technology-Online earn?

Median earnings are $41,941 six years after entry and $43,137 ten years after entry.

How much debt do Florida Institute of Technology-Online students have?

Median federal loan debt among completers is $27,000.

How big is Florida Institute of Technology-Online?

Total enrollment is about 475 students in the latest reporting year.

Is Florida Institute of Technology-Online public or private?

Florida Institute of Technology-Online is a private nonprofit institution located in Melbourne, FL.

Is Florida Institute of Technology-Online an HBCU?

No. Florida Institute of Technology-Online is not flagged as an HBCU in the IPEDS institutional directory.

Is Florida Institute of Technology-Online a tribal college?

No. Florida Institute of Technology-Online is not flagged as a tribal college in IPEDS.

Is Florida Institute of Technology-Online a Hispanic-serving institution (HSI)?

Using a 25% Hispanic enrollment threshold on College Scorecard demographics, Florida Institute of Technology-Online does not meet that proxy (reported share 23.6%).

Is Florida Institute of Technology-Online religiously affiliated?

No religious affiliation is reported for Florida Institute of Technology-Online in IPEDS institutional characteristics.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.