Florida Institute of Technology

Florida Institute of Technology is a moderately selective private nonprofit college in Melbourne, Florida. It admits about 1 in 2 applicants, graduates 64% of its students within six years, and its former students earn a median $43,137 ten years after starting college, more than 52% of the Florida colleges we cover.

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Acceptance rate
58%

More selective than 61% of Florida colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$35,639 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $62,440. College Scorecard.

Graduation rate
64%

Higher than 81% of Florida colleges we cover and 67% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$43,137

Higher than 52% of Florida colleges we cover and 20% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Florida Institute of Technology acceptance rate & admissions

Of 15,205 applicants, Florida Institute of Technology admitted 9,507 and 882 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1120–1320 on the SAT or 23–28 on the ACT.

15,205
Applied
9,507
Admitted
882
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1120–1320
ACT composite, middle 50% of first-years23–28
First-years who sent SAT scores70%
First-year students who return80%
Pell Grant recipients21%
First-generation students40%
Women / men33% / 67%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Florida Institute of Technology tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$45,900
Housing & meals, on campus$14,340
Books & supplies$1,200
Total cost of attendance$62,440

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$14,049
Loan default rate5.2%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

Florida residents: students may qualify for Bright Futures, the state's merit scholarship, at eligible Florida colleges. Award amounts by school are coming to this page.

Florida Institute of Technology majors, earnings & careers

Florida Institute of Technology offers 51 bachelor's majors across 10 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Science & Math · 16
  • Engineering · 9
  • Business & Finance · 7
  • Social Sciences & Public Service · 6
  • Communications & Media · 4
  • Humanities & Languages · 3
  • Health & Medicine · 2
  • Technology & Computing · 2
  • Education · 1
  • Trades & Applied Technology · 1

Highest-earning majors at Florida Institute of Technology

MajorEarnings, 4 yrsMedian debt
Computer Engineering$106,431$25,125
Chemical Engineering$99,312$27,000
Electrical Engineering$98,505—
Aerospace, Aeronautical, and Astronautical / Space Engineering$97,015$26,982
Mechanical Engineering$92,753$27,000
Computer Science$91,606$27,000
Biomedical Engineering$88,120$27,000
Civil Engineering$86,536$23,000
Quick list of all 51 majors
  • Accounting$67,417
  • Aerospace, Aeronautical, and Astronautical / Space Engineering$97,015
  • Agricultural Production Operations—
  • Air Transportation$83,243
  • Applied Mathematics—
  • Astronomy and Astrophysics—
  • Atmospheric Sciences and Meteorology—
  • Biochemistry—
  • Biology—
  • Biomathematics, Bioinformatics, and Computational Biology—
  • Biomedical Engineering$88,120
  • Business Administration$72,717
  • Chemical Engineering$99,312
  • Chemistry—
  • Civil Engineering$86,536
  • Communication, Journalism, and Related Programs, Other—
  • Communications—
  • Computer Engineering$106,431
  • Computer Science$91,606
  • Construction Engineering Technology / Technician—
  • Criminal Justice—
  • Ecology and Evolutionary Biology—
  • Education (Subject Teaching)—
  • Electrical Engineering$98,505
  • Entrepreneurship—
  • Environmental / Natural Resources Management and Policy—
  • Environmental Science / Conservation—
  • Finance—
  • Genetics—
  • Geology / Earth Science—
  • Health Administration$51,753
  • Homeland Security—
  • Information Science / Studies$85,906
  • Interdisciplinary Studies—
  • International Business—
  • Journalism—
  • Kinesiology / Exercise Science—
  • Legal Studies / Paralegal—
  • Liberal Arts / General Studies—
  • Management Information Systems—
  • Marketing$62,019
  • Mathematics—
  • Mechanical Engineering$92,753
  • Multi / Interdisciplinary Studies, Other—
  • Ocean Engineering$80,836
  • Physics—
  • Psychology$61,516
  • Psychology (Clinical / Counseling)$55,282
  • Psychology (Research)$66,923
  • Public Relations and Advertising—
  • Sustainability Studies—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Business Administration → Management analyst

$99,680
Palm Bay
$88,610
Florida
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Mechanical Engineering → Mechanical engineer

$102,630
Palm Bay
$99,980
Florida
$104,110
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 11.2% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Palm Bay

Cost of living
about the U.S. average for prices

Overall prices in the Palm Bay-Melbourne-Titusville, FL area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,525/mo

2 bedrooms $1,779. Housing costs 12% above the U.S. average.

HUD Fair Market Rent, FY2027

Weather
72° / 90°

January and July average highs. 51 inches of rain a year, almost no snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively High

Highest: hurricane (very high); tornado (relatively high); river flooding (relatively high).

FEMA National Risk Index, Brevard County

Campus & students

Total enrollment (incl. graduate)8,516
First-year students from Florida37%
Next most common home statesNew York, Pennsylvania, New Jersey
AthleticsNCAA Division II without football · 11 sports
Undergraduate degrees awarded, 2023-2494% bachelor's · 6% associate
Campus typeHighly residential
Student bodyWhite 56% · Hispanic 17% · Black 5% · Asian 3%International 12%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Brevard County at a glance

Population632,780
Median household income$78,476
Adults with a bachelor's degree34%
Median age47

U.S. Census Bureau, ACS 5-year 2024

Compare Florida Institute of Technology with similar schools

Similar private colleges in Florida by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Florida Institute of Technology58%$35,63964%$43,137This school
Jacksonville University57%$25,18051%$68,010
Florida Southern College64%$28,55171%$55,294
Ana G. Mendez University—$19,775——
Stetson University72%$19,37262%$51,642

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Florida Institute of Technology would cost you $10,459 more per year than Jacksonville University, on average.

  • Lower sticker price at Florida Institute of Technology, mostly from lower housing & meal costs (−$2,210).
  • Jacksonville University gives aided families $11,988 more in grants, on average.
Per year, Florida residentFlorida Institute of TechnologyJUDifference
Tuition & fees$45,900$47,830−$1,930
Books & supplies$1,200$700+$500
Housing & meals$14,340$16,550−$2,210
Personal & travel$3,600$2,626+$974
Living-at-home adjustment−$2,600−$3,737+$1,137
Sticker price$62,440$63,969−$1,529
Average grants−$26,801−$38,789+$11,988
You pay$35,639$25,180+$10,459

“+” means Florida Institute of Technology costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Florida Institute of Technology

What is the Florida Institute of Technology acceptance rate?

Florida Institute of Technology accepts 58% of applicants (College Scorecard). In the latest IPEDS admissions year, 9,507 of 15,205 applicants were admitted. The middle half of enrolled first-year students scored 1120–1320 on the SAT or 23–28 on the ACT.

How much does Florida Institute of Technology cost per year?

The sticker price (cost of attendance) is $62,440 a year. After grants and scholarships, students receiving federal aid pay $35,639 a year on average; families earning $0–30k pay $29,108 and families earning $110k+ pay $40,649.

How much do Florida Institute of Technology graduates earn?

Former Florida Institute of Technology students earn a median $43,137 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Florida Institute of Technology graduation rate?

64% of first-time, full-time students graduate within six years, and 80% return for their second year.

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score