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Florida Institute of Technology

Melbourne, FL·Private nonprofit·3,235 students
Last updated: March 21, 2026

A good fit for students who prefer a mid-size campus. no major red flags in the data. solid earnings of $61,200 within 10 years.

63%
Accept
3,235
Students
$35,300
Net Price
65%
Grad Rate
$61,200
Earnings
10 yr
$14,049
Debt

About This School

Florida Institute of Technology is a private nonprofit institution located in Melbourne, Florida with approximately 3,235 undergraduate students enrolled. Florida Institute of Technology has an open or accessible admissions process, with an acceptance rate of 63%. The average net price after financial aid is $35,300 per year. The graduation rate is 65%, and the typical graduate earns $61,200 within 10 years of enrollment.

Florida Institute of Technology is a private research university in Melbourne, Florida, United States.

The numbers tell a mixed story here — the 65% graduation rate and 77% freshman retention suggest a meaningful chunk of students don't make it to the finish line, which is worth taking seriously before committing. That said, if you're drawn to engineering, aeronautics, or ocean sciences in a smaller, hands-on environment, the $61,200 median earnings paired with relatively low debt ($14,049 at graduation) suggests students who do complete the degree land in a reasonable financial position. Worth considering if STEM is your clear direction, but ask hard questions about student support and why so many leave early.

Founded
1958
Setting
Small city

Popular Programs

Engineering42%
Business & Marketing8%
Physical Sciences7%
Psychology6%
Biological Sciences6%
Computer Science6%
Mathematics1%
Communications0%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Sunita WilliamsJoan HigginbothamKathryn P. HireGeorge D. ZamkaDon "The Dragon" WilsonJimmy BallAnn E. DunwoodyAlyssa CarsonAlbert Scott CrossfieldThomas Bohrer

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average Composite1213
Reading 75th %ile660
Math 75th %ile660

ACT Scores

Midpoint Composite27

Cost & Financial Aid

In-State Tuition
$44,360
Out-of-State Tuition
$44,360
Avg Net Price
$35,300
after aid

Financial Aid

Students receiving Pell Grants20%
Median debt at graduation$14,049

Full Cost

After Graduation

Graduation Rate
65%
within 6 years
Retention Rate
77%
freshmen returning
Earnings (10 yr)
$61,200
after enrollment
Median Debt
$14,049
at graduation

Will This School Pay Off?

Median Debt
$14,049
at graduation
Earnings (6 yr)
$46,900
after enrollment
Earnings (10 yr)
$61,200
after enrollment
Earnings-to-Debt Ratio: 4.4x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White54%
Black5%
Hispanic/Latino16%
Asian3%

Source: U.S. Department of Education College Scorecard (3,235 undergraduates).

Contact & Location

Address

Florida Institute of Technology

150 West University Boulevard

Melbourne, FL 32901-6975

View on Google Maps →

Other Schools in Florida

Browse all Florida schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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