Florida Institute of Technology
Melbourne, FL 32901-6975
About Florida Institute of Technology
Florida Institute of Technology is a private research university in Melbourne, Florida, serving roughly 3,404 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 57.70% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $43,137 among students who received federal aid.
Key findings
- Florida Institute of Technology charges 57% above the national private non-profit median tuition ($45,900).
- Versus the Florida median, sticker tuition is about 2.7×.
- Completion within 150% of normal time is 63.54%.
- Median earnings 10 years after entry are $43,137.
Research findings
Finding
Modeled return on investment at Florida Institute of Technology is strong.
Estimated ROI reaches about 203% using Scorecard cost and 10-year earnings fields in this extract.
Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.
Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.
Finding
Florida Institute of Technology awards credentials across a wide program mix.
IPEDS completions cover more than 74 distinct degree programs at this campus.
Interpretation: Institutional averages blend very different fields; program-level completions and earnings matter more than the campus mean alone.
Limitation: Completions counts are not enrollment demand and do not measure program quality.
Cost benchmarks
| Benchmark | Median Tuition | Median Net Price | Count |
|---|---|---|---|
| Florida Institute of Technology | $45,900 | $35,639 | 1 |
| Private Non-profit (national median) | $29,325 | — | 1,444 |
| Florida (state median) | $16,838 | $7,247 | 176 |
| Town (locale median) | $9,600 | $14,971 | 1,517 |
| United States (national median) | $11,900 | $17,156 | — |
Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.
Average net price is 22% below published tuition at Florida Institute of Technology
Key findings
- Florida Institute of Technology's average net price ($35,639) is 22% below published tuition ($45,900).
- Florida Institute of Technology charges 57% above the national private non-profit median tuition ($45,900).
- Versus the Florida median, sticker tuition is about 2.7×.
Florida Institute of Technology tuition
Published undergraduate tuition $45,900
Finding Florida Institute of Technology charges 57% above the national private non-profit median tuition.
Evidence Published tuition is $45,900. That is 57% above the national private non-profit median ($29,325). Versus the Florida median ($16,838), sticker tuition is about 2.7×. Versus the U.S. median ($11,900), sticker is about 3.9×.
Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.
Interpretation Published tuition measures sticker price relative to private non-profit and geographic peers; it does not equal what undergraduates typically pay after aid.
Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.
Evidence: published tuition at Florida Institute of Technology versus school-type, state, locale, and U.S. medians.
Evidence: average net price at Florida Institute of Technology versus state, locale, and U.S. medians.
What undergraduates typically pay
Finding Average net price at Florida Institute of Technology is $35,639.
Evidence College Scorecard average net price is $35,639 (cost of attendance minus average grant aid for aided undergraduates). That is about $28,392 above the Florida median net price. Versus town campuses, net price runs $20,668 above the locale median.
Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.
Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.
Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.
Key takeaway Florida Institute of Technology’s published tuition substantially overstates typical undergraduate cost: average net price is about 22% lower after grants and scholarships.
Florida Institute of Technology: research record
Canonical EDsmart Data findings for Florida Institute of Technology—costs, outcomes, admissions, and programs—with evidence and methodology notes.
Research findings
Interpretation
The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.
Financial profile
Annual tuition
$45,900
Avg. net price
$35,639
Net price by family income
| Income bracket | Avg. annual net price |
|---|---|
| $0–$30,000 | $29,108 |
| $30,001–$48,000 | $29,213 |
| $48,001–$75,000 | $31,311 |
| $75,001–$110,000 | $36,466 |
| $110,001+ | $40,649 |
Sticker tuition × four years (estimate, no room/board): $183,600. See cost investigation.
Student outcomes
Share of first-year students returning the following fall.
Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.
What Florida Institute of Technology is known for
Top program completions
- Applied Behavior Analysis1,195
- Aeronautics/Aviation/Aerospace Science and Technology, General116
- Business Administration and Management, General114
- Aerospace, Aeronautical, and Astronautical/Space Engineering, General113
- Mechanical Engineering85
See earnings & programs for more.
Admissions landscape
- Selective — about half of applicants (or fewer) are admitted.
- Yield: 9% of admitted students enrolled.
- Average SAT: 1225
- Midpoint ACT: 27
See Admissions for the full funnel.
Is Florida Institute of Technology a good school?
Data-framed fit—not a prestige rating.
Florida Institute of Technology is a good school for those looking for strong completion alongside solid mid-career earnings.
EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.
More from the data
Location, control, enrollment, and aid context for Florida Institute of Technology.
Campus
Location
Melbourne, FL
City / state
- ZIP
- 32901-6975
- NCES locale
- Town
Compared with Town campuses nationally, net price is about 2.4× the median for Town campuses ($14,971 median).
Control
Institution type
Private Non-profit
Control
- Region
- Southeast
- Carnegie
- Doctoral Universities: High Research Activity
Size
Enrollment
3,404
Total enrollment
- Undergraduate
- 4,708
- Graduate
- 5,326
- Full-time share
- 96%
Student aid
Debt & aid
$27,000
Median federal loan debt
- Pell grant share
- 21.11%
Total Cost, Aid & Default
Total Cost of Attendance
Tuition vs average net price after aid for Florida Institute of Technology.
Financial Aid by Income Level
Financial aid distribution by income level.
Student Loan Default Rate
The published 3-year cohort default rate for borrowers at Florida Institute of Technology 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 in that year.
Reporting years in the table below: 2013–2023 (Scorecard labels refer to the institutional submission cycle).
| Year | In-state tuition & fees | Out-of-state tuition & fees | Average net price |
|---|---|---|---|
| 2013 | $36,020 | $36,020 | $29,941 |
| 2014 | $37,990 | $37,990 | $27,291 |
| 2015 | $39,290 | $39,290 | $28,474 |
| 2016 | $40,446 | $40,446 | $29,128 |
| 2017 | $41,240 | $41,240 | $31,592 |
| 2018 | $41,850 | $41,850 | $31,900 |
| 2019 | $42,470 | $42,470 | $31,097 |
| 2020 | $43,246 | $43,246 | $31,009 |
| 2021 | $43,246 | $43,246 | $31,172 |
| 2022 | $43,670 | $43,670 | $28,552 |
| 2023 | $44,360 | $44,360 | $35,300 |
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.
How difficult is it to get in?
Acceptance Rate
This institution is selective, accepting about half of all applicants.
Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.
Test Scores
Average 1225 (middle 50% not reported)
Midpoint 27 (middle 50% not reported)
Scores for enrollees who submitted tests (College Scorecard).
Academic Requirements
Estimated from admission selectivity and test scores. Scorecard does not publish admitted-student GPA for most institutions.
Estimated range · median 3.40
Estimated GPA band from selectivity and test scores — not an official requirement.
Enrollment & Student Demographics
Florida Institute of Technology reported total enrollment of about 3,404 students in the latest College Scorecard extract. The student body is about 67% male and 33% female. Enrollment by race and ethnicity includes White (56.1%), Hispanic or Latino (17.0%), and Non-Resident Alien (12.3%). About 21.11% of undergraduates receive Pell Grants. Roughly 40.1% of students are first-generation college students.
Full-Time vs Part-Time Enrollment
96.4% Full-Time Enrollment
The total enrollment at Florida Institute of Technology in 2024 is 3,404 students.
Undergraduate enrollment is about 4,708 students. Graduate enrollment is about 5,326 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
80.0%
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.
Enrollment by Race & Ethnicity
Largest share of total enrollment in our College Scorecard extract.
College Scorecard student demographics (total enrollment shares).
Do students complete their programs?
Time to Complete
47.92% 100% Completion Time
63.54% 150% Completion Time
In 2024, 47.92% of students graduating from Florida Institute of Technology completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
Completions by Sex (Top Programs)
- Applied Behavior Analysis: 12% male / 88% female
- Aeronautics/Aviation/Aerospace Science and Technology, General: 78% male / 22% female
- Business Administration and Management, General: 66% male / 34% female
IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).
Completions by Race & Ethnicity
Largest group by summed IPEDS award counts across reported programs.
Summed across program completion records in our extract.
Florida Institute of Technology graduates earn a median of $43,137 ten years after entry
Finding Earnings, debt, and program mix define the financial profile of Florida Institute of Technology.
Evidence Median earnings 10 years after entry: $43,137. Median federal loan debt: $27,000. Average net price used in cost models: $35,639.
Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.
Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.
Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.
Key takeaway Florida Institute of Technology graduates report median earnings of $43,137 ten years after entry—an institution-wide outcomes signal, not a program guarantee.
Return on Investment
Debt and 4-year net cost vs. cumulative 10-year median earnings for Florida Institute of Technology.
Top Programs by Completions
Largest 10 programs by IPEDS completions (74 reported codes; aggregate/unknown CIP buckets excluded).
IPEDS award counts for the largest programs at Florida Institute of Technology.
Employment Outcomes
Median earnings 6, 8, and 10 years after entry for Florida Institute of Technology graduates.
How financially powerful is this institution?
Finding: federal finance and Scorecard instructional fields for Florida Institute of Technology—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.
Institutional endowment
$96.6M
End-of-year assets · Fiscal year 2023
- Florida median 2.7× the median ($35.9M)
- Southeast median 5.0× the median ($19.4M)
- U.S. median 3.7× the median ($26.4M)
- Florida median 1.7× the median ($7,784)
- Southeast median 1.4× the median ($9,308)
- U.S. median 1.1× the median ($12,100)
Instructional Resources
- Full-time faculty share: 75.5%
- Florida median 27.3 pp above median (48.2%)
- Southeast median 16.1 pp above median (59.4%)
- U.S. median 17.6 pp above median (58.0%)
- Average faculty salary (monthly): $11,366
- Florida median 1.7× the median ($6,877)
- Southeast median 1.7× the median ($6,825)
- U.S. median 1.5× the median ($7,615)
- Instructional expenditure per FTE: $11,908
- Florida median 2.1× the median ($5,803)
- Southeast median 1.8× the median ($6,602)
- U.S. median 1.6× the median ($7,288)
Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.
Florida Institute of Technology at a glance
Florida Institute of Technology
Florida Institute of Technology is a private non-profit institution in Melbourne, FL, classified as Doctoral Universities: High Research Activity.
- Largest programs (IPEDS awards)
- Applied Behavior AnalysisAeronautics/Aviation/Aerospace Science and Technology, GeneralBusiness Administration and Management, General
- Largest enrollment groups
- White or Caucasian56.1%Hispanic or Latino17.0%Non-Resident Alien12.3%
Schools near Florida Institute of Technology
Other campuses in Melbourne, FL when available, plus nearby institutions in Florida.
Similar schools
Peers matched by the same EDsmart outcomes grade (Grade C) within Florida, then by similar ownership and admissions.
Frequently Asked Questions
Where is Florida Institute of Technology located?
Florida Institute of Technology is located in Melbourne, FL.
What is Florida Institute of Technology's acceptance rate?
The acceptance rate at Florida Institute of Technology is 57.7% among first-time degree-seeking students reporting admissions data. IPEDS reports 15,205 applicants and 9,507 admits in the latest admissions cycle in our extract.
What is Florida Institute of Technology's tuition?
Florida Institute of Technology tuition (published undergraduate sticker price) is $45,900 in the latest College Scorecard data. Average net price after grant aid is $35,639 for undergraduates receiving Title IV aid.
How much does Florida Institute of Technology cost?
Reported tuition is $45,900 and average net price is $35,639 in the latest College Scorecard data. On-campus room and board is estimated at $15,240 annually.
Why is Florida Institute of Technology's net price so much lower than tuition?
At Florida Institute of Technology, published tuition is $45,900 while average net price is $35,639—about 22% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.
What explains Florida Institute of Technology's return on investment in EDsmart Data?
EDsmart Data models ROI using campus average net price ($35,639), completion (63.5% within 150% of normal time where reported), and median earnings ten years after entry ($43,137). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.
What is the student body demographics at Florida Institute of Technology?
Florida Institute of Technology reports undergraduate enrollment of about 4,708 students, White (56.1%), Hispanic or Latino (17.0%) in federal College Scorecard data.
How many first-generation students attend Florida Institute of Technology?
About 40.1% of students at Florida Institute of Technology are first-generation college students.
What test scores do students need for Florida Institute of Technology?
Among enrolled students who submitted scores, Florida Institute of Technology reports midpoint SAT about 1225 and midpoint ACT about 27.
What do graduates of Florida Institute of Technology earn?
Median earnings are $41,941 six years after entry and $43,137 ten years after entry.
What is the graduation rate at Florida Institute of Technology?
The 150%-time completion rate is 63.5% for the cohort reported to the College Scorecard.
How much debt do Florida Institute of Technology students have?
Median federal loan debt among completers is $27,000.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
- Related geography & profiles
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 Scope
This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.
Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.