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Florida Institute of Technology

Melbourne, Florida · Private nonprofit · 4-year · City

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At a glance

Average net price
$35,639What students typically pay per year after grants and scholarships.
Acceptance rate
58%
Graduation rate
64%Share of students who finish within 150% of the normal time.
Undergraduates
3,404
In-state tuition
$45,900Published price before aid.
Out-of-state tuition
$45,900
SAT midpoint
1,240
Median earnings, 10 yrs
$43,137Median earnings of former students ten years after they first enrolled.

Source: U.S. Department of Education College Scorecard. Data year: 2022-23 academic year. Updated September 2026. Figures are averages across all students and will differ from what any individual pays.

How it compares to similar colleges

Each rating covers one measure against private nonprofit 4-year colleges nationally. Five stars means the top fifth on that measure. There is no overall score, because which of these matters is your call.

Affordability

$35,639

Better than 11% of private nonprofit 4-year colleges (1092 compared).

Completion

64%

Better than 62% of private nonprofit 4-year colleges (1063 compared).

Earnings

$43,137

Better than 19% of private nonprofit 4-year colleges (1087 compared).

Debt at graduation

$27,000

Better than 4% of private nonprofit 4-year colleges (1020 compared).

What these ratings are based on
Affordability
Based on average net price: what students receiving federal aid actually paid, after grants and scholarships. Your own cost depends on your family's finances.
Completion
Based on the share of first-time, full-time students who graduate within 150% of normal time. It excludes transfer and part-time students, which understates colleges serving many of them.
Earnings
Based on median earnings ten years after students first enrolled. It reflects the subjects a college teaches and the region it sits in as much as its teaching.
Debt at graduation
Based on median federal loan debt among students who completed. Private and parent loans are not included, so real totals are often higher.
Why there is no rating for selectivity
A lower acceptance rate is selectivity, not quality. Awarding stars for it would be us inventing a value judgement and hiding it behind a number.

What it actually costs

Published cost

$62,440

The sticker price: tuition, fees, housing, food and books for one academic year, before any aid.

Average net price

$35,639

What students receiving federal aid actually paid on average, after grants and scholarships. This is the more useful number, though your own figure depends on your family’s finances.

Use this college’s official net price calculator

Outcomes

Graduation, retention, debt and earnings for Florida Institute of Technology
Graduation rateWithin 150% of normal time64%
Retention rateFirst-year students who return80%
Median debt at graduationFederal loans only, students who completed$27,000
Median earnings, 10 years after entryFormer students, working and not enrolled$43,137

What graduates of each major earn

Median earnings one year after finishing, for people who took that subject here. This is the figure a college-wide median hides: the spread between subjects at one college is usually far wider than the spread between colleges.

Bachelor’s programs at Florida Institute of Technology by graduate earnings
MajorEarnings, 1 yrDegrees awarded
Computer Engineering$79,24427
Computer Science$75,23138
Mechanical Engineering$69,53357
Aerospace, Aeronautical, and Astronautical/Space Engineering$69,14981
Ocean Engineering$68,47518
Management Information Systems and Services$65,7706
Civil Engineering$64,57913
Business Administration, Management and Operations$63,70820
Information Science/Studies$59,368Not reported
Chemical Engineering$53,14523
Marketing$52,1584
Accounting and Related Services$48,8883
Air Transportation$47,01990
Health and Medical Administrative Services$38,295Not reported
Clinical, Counseling and Applied Psychology$34,50624
Electrical, Electronics, and Communications EngineeringNot reported29
Astronomy and AstrophysicsNot reported25
Biomedical/Medical EngineeringNot reported19
Research and Experimental PsychologyNot reported17
Biology, GeneralNot reported14
Ecology, Evolution, Systematics, and Population BiologyNot reported12
GeneticsNot reported9
PhysicsNot reported8
International BusinessNot reported7
Construction Engineering Technology/TechnicianNot reported6
Atmospheric Sciences and MeteorologyNot reported6
MathematicsNot reported5
Entrepreneurial and Small Business OperationsNot reported5
Geological and Earth Sciences/GeosciencesNot reported4
Sports, Kinesiology, and Physical Education/FitnessNot reported4
Biochemistry, Biophysics and Molecular BiologyNot reported4
Finance and Financial Management ServicesNot reported4
Applied MathematicsNot reported3
Non-Professional Legal StudiesNot reported2
Liberal Arts and Sciences, General Studies and HumanitiesNot reported2
Agricultural Production OperationsNot reported2
Environmental/Natural Resources Management and PolicyNot reported2
Multi-/Interdisciplinary Studies, GeneralNot reported1
JournalismNot reported1
Natural Resources Conservation and ResearchNot reported1
Homeland SecurityNot reportedNot reported
ChemistryNot reportedNot reported
Public Relations, Advertising, and Applied CommunicationNot reportedNot reported
Psychology, GeneralNot reportedNot reported
Criminal Justice and CorrectionsNot reportedNot reported
Multi/Interdisciplinary Studies, OtherNot reportedNot reported
Communication and Media StudiesNot reportedNot reported
Teacher Education and Professional Development, Specific Subject AreasNot reportedNot reported
Biomathematics, Bioinformatics, and Computational BiologyNot reportedNot reported
Sustainability StudiesNot reportedNot reported
Communication, Journalism, and Related Programs, OtherNot reportedNot reported

All 51 bachelor’s programs this college reported.

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