The University Network

Florida Institute of Technology – Tuition & Success Analysis

Melbourne, FL

Florida Institute of Technology – Snapshot


Four-Year Private University

Undergraduate Enrollment: 3,419

Average annual cost of attendance: $29,128

(National Median: $15,523)

Median student debt for loan recipients: $27,000

Campus Setting: Small City

Religious Affiliation: None

Visit the Florida Institute of Technology Website

Florida Institute of Technology Tuition based on Family Income


For a family income of $0 to $30,000 the average cost is $23,497

For a family income of $30,001 to $48,000 the average cost is $24,540

For a family income of $48,001 to $75,000  the average cost is $27,719

For a family income of $75,001 to $110,000  the average cost is $31,419

For a family income above $110,000 the average cost is $34,094


The “average cost” shown here is a NET cost and reflects the tuition cost after financial aid is taken into account, as reported by Florida Institute of Technology. This average is based on the students who receive grant or scholarship aid. In-state tuition is used for public schools.

Visit the Florida Institute of Technology
Financial Aid Website

Florida Institute of Technology Graduate Success


Graduation rate: 58%

(National Median: 49%)

Students returning after first year: 81%

(National Median: 68%)

Median annual earnings (10 years after first attending): $56,600

(National Median: $33,028. The salary data measures salaries of students who received federal student aid. The Salary data does not break down earnings or graduation rates by major, or by state—an important consideration, since salaries can vary widely depending on geographical region. )

Percentage earning above a high school graduate (6 years after first enrolled): 73%

Florida Institute of Technology Admissions

Florida Institute of Technology Acceptance Rate: 61%


Half of the recent accepted students had test scores in the range of:

SAT Math: 560 to 650

SAT Critical Reading: 500 to 610

SAT Writing: N/A to N/A

ACT English: 23 to 29

ACT Math: 24 to 28

ACT Writing: N/A to N/A

Twenty-five percent of students accepted to Florida Institute of Technology actually performed better than the range reported above.  Another twenty-five percent had scores below the reported range.

Florida Institute of Technology Student Debt


Percentage of students awarded Pell Grants: 21%

Percentage of students receiving federal student loans: 37%

Typical student debt: $27,000

Typical monthly loan payment: $287

Before you take out student loans, make sure you have exhausted your scholarship search.  We have over 3 billion dollars of scholarships listed on our site.  There’s plenty of money available to help fund your education.

Scholarships for Students Residing in Florida

Other Scholarships for Students Attending Florida Institute of Technology

Majors at Florida Institute of Technology


These are the most popular areas of study offered at Florida Institute of Technology:

  • Biological and Biomedical Sciences – 9%
  • Business, Management, Marketing, and Related Support Services – 10%
  • Communication, Journalism, and Related Programs – 1%
  • Computer and Information Sciences and Support Services – 5%
  • Engineering – 47%
  • Engineering Technologies and Engineering-Related Fields – 1%
  • Mathematics and Statistics – 2%
  • Natural Resources and Conservation – 1%
  • Parks, Recreation, Leisure, and Fitness Studies – 1%
  • Physical Sciences – 5%
  • Psychology – 7%
  • Transportation and Materials Moving – 9%

For more information about the various majors at Florida Institute of Technology, visit their website.

Florida Institute of Technology Diversity


Overall Composition at Florida Institute of Technology

Percentage of Undergraduate Students who attend Florida Institute of Technology full time:  96%

Percentage of Undergraduate Students who attend Florida Institute of Technology part time:  4%

Percentage of Undergraduate Students who are twenty-five years old, or older at Florida Institute of Technology:  9%

Racial Diversity Composition

American Indian/Alaska Native: 0%

Asian: 2%

Black: 6%

Hispanic: 7%

Native Hawaiian/Pacific Islander: 0%

Non-resident alien: 33%

Two or more races: 2%

Unknown: 4%

White: 44%

Florida Institute of Technology Success Ratios

TUN ratios to help compare schools


Earnings to Debt Ratio: 2.1

The median earnings 10 years after start of attending school divided by the median federal debt of borrowers who graduated. TUN found an average of 2.5 based on data of 3,210 schools.

Earnings to Tuition Ratio: 1.9

The median earnings 10 years after start of attending school divided by the average annual cost of attendance that financial aid recipients incurred.  TUN found an average of 3.0 based on data of 3,337 schools.

Monthly Liquidity Ratio: 16.4

The median monthly gross earnings 10 years after start of attending school divided by the median monthly debt payment that borrowers who graduated experience with a 10-year repayment schedule. TUN found an average of 19.3 based on data of 3,210 schools.