Colleges / Florida Institute of Technology
College · Private nonprofit · Melbourne, FL · City
FIT

Florida Institute of Technology

Melbourne, FL

Address150 West University Boulevard, Melbourne, FL 32901-6975
Price calculatorRun your numbers →
Admit rate58%
6-yr median pay$42k
Net price / yr$36k
Undergrad size3,404
§ I · The real read

What it's actually like.

The bet

Net price of $36k/yr for a shot at a $42k first-5-year salary. Math out whether that works for you — it does for some people, not for others.

Getting in

Admit rate of 58% means this is workable if your grades and essays are solid. Admitted students average SAT 1225 · ACT 27.

If you get in

3,404 undergrads. Small. You will know your cohort.

Where you live

City campus — public transit, off-campus food, weekends happen nearby.

§ II · Cost & aid

Sticker vs. real.

Sticker cost of attendance is $62k/yr. After need-based aid, the average student pays $36k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.

Sticker · 4 yrs$250k
Before any aid.
Net · 4 yrs$143k
What the average student pays.
Typical aid$107k
Difference over 4 years — higher for lower-income households.
Payback3.4x
4-yr net price ÷ first-5-year salary. Lower is better.

Where the money goes · annual sticker.

Tuition · in-state
$45.9k
Room & board
$15.2k
Books & supplies
$1,200

How students pay for it.

Pell grants21%
Share of undergrads on federal Pell grants.
Federal loans40%
Share taking out federal student loans.
Median debt · grads$27k
What the median student owes at graduation. Non-completers: $8k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes

Do people finish? Do they land?

1-yr retention79%
Watch this number.
Graduation · 6 yr64%
Majority finish.
6-yr median pay$42k
Cross-major. Your major's number can be very different.
10-yr median pay$43k
Ten years out — where grads tend to land career-wise.
Transfer out24%
Share of full-time students who transfer to another school.
§ IV · Campus & identity

Setting, size, and who this school is.

Setting
City
Control
Private nonprofit
Undergrad size
3,404
Location
Melbourne, FL
Region
Southeast (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV)
Carnegie class
Doctoral Universities: High Research Activity (R2)
Size & setting
Four-year · medium · highly residential
Undergrad program
Four-year · full-time, selective, higher transfer-in
Accreditor
Southern Association of Colleges and Schools Commission on Colleges
Also known as
Florida Tech
§ · Who studies here

The student body at a glance.

  • White56%
  • Hispanic17%
  • International12%
  • Black5%
  • Asian3%
  • Two or more races3%
  • Unknown3%
First-gen students40%
Share whose parents didn't complete college.
Part-time4%
Mostly a full-time student body.
Veterans2%
Share using veteran education benefits.
Median family income$30k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 51

What you can study.

Colleges / Florida Institute of Technology
College · Private nonprofit · Melbourne, FL · City
FIT

Florida Institute of Technology

Melbourne, FL

Address150 West University Boulevard, Melbourne, FL 32901-6975
Price calculatorRun your numbers →
Admit rate58%
6-yr median pay$42k
Net price / yr$36k
Undergrad size3,404
§ I · The real read

What it's actually like.

The bet

Net price of $36k/yr for a shot at a $42k first-5-year salary. Math out whether that works for you — it does for some people, not for others.

Getting in

Admit rate of 58% means this is workable if your grades and essays are solid. Admitted students average SAT 1225 · ACT 27.

If you get in

3,404 undergrads. Small. You will know your cohort.

Where you live

City campus — public transit, off-campus food, weekends happen nearby.

§ II · Cost & aid

Sticker vs. real.

Sticker cost of attendance is $62k/yr. After need-based aid, the average student pays $36k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.

Sticker · 4 yrs$250k
Before any aid.
Net · 4 yrs$143k
What the average student pays.
Typical aid$107k
Difference over 4 years — higher for lower-income households.
Payback3.4x
4-yr net price ÷ first-5-year salary. Lower is better.

Where the money goes · annual sticker.

Tuition · in-state
$45.9k
Room & board
$15.2k
Books & supplies
$1,200

How students pay for it.

Pell grants21%
Share of undergrads on federal Pell grants.
Federal loans40%
Share taking out federal student loans.
Median debt · grads$27k
What the median student owes at graduation. Non-completers: $8k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes

Do people finish? Do they land?

1-yr retention79%
Watch this number.
Graduation · 6 yr64%
Majority finish.
6-yr median pay$42k
Cross-major. Your major's number can be very different.
10-yr median pay$43k
Ten years out — where grads tend to land career-wise.
Transfer out24%
Share of full-time students who transfer to another school.
§ IV · Campus & identity

Setting, size, and who this school is.

Setting
City
Control
Private nonprofit
Undergrad size
3,404
Location
Melbourne, FL
Region
Southeast (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV)
Carnegie class
Doctoral Universities: High Research Activity (R2)
Size & setting
Four-year · medium · highly residential
Undergrad program
Four-year · full-time, selective, higher transfer-in
Accreditor
Southern Association of Colleges and Schools Commission on Colleges
Also known as
Florida Tech
§ · Who studies here

The student body at a glance.

  • White56%
  • Hispanic17%
  • International12%
  • Black5%
  • Asian3%
  • Two or more races3%
  • Unknown3%
First-gen students40%
Share whose parents didn't complete college.
Part-time4%
Mostly a full-time student body.
Veterans2%
Share using veteran education benefits.
Median family income$30k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 51

What you can study.