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Florida Institute of Technology

Melbourne, FL·Private nonprofit·3,404 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.

58%
Accept
3,404
Students
$35,639
Net Price
64%
Grad Rate
$61,200
Earnings
10 yr
$27,000
Debt

About This School

Florida Institute of Technology is a private nonprofit institution located in Melbourne, Florida with approximately 3,404 undergraduate students enrolled. Florida Institute of Technology has an open or accessible admissions process, with an acceptance rate of 58%. The average net price after financial aid is $35,639 per year. The graduation rate is 64%, 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
Avg Faculty Salary
$11,366

Popular Programs

Engineering38%
Business & Marketing9%
Biological Sciences7%
Psychology6%
Computer Science5%
Communications1%

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

Test Policy: Required

SAT Scores

Average Composite1225
Reading 75th %ile660
Math 75th %ile660

ACT Scores

Midpoint Composite27

Cost & Financial Aid

In-State Tuition
$45,900
Out-of-State Tuition
$45,900
Avg Net Price
$35,639
after aid

Net Price by Family Income

Under $30k$29,108
$30–48k$29,213
$48–75k$31,311
$75–110k$36,466
$110k+$40,649

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants21%
Median debt at graduation$27,000

Full Cost

After Graduation

Graduation Rate
64%
within 6 years
Retention Rate
80%
freshmen returning
Earnings (10 yr)
$61,200
after enrollment
Median Debt
$27,000
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$56,300
Female graduates$38,400

Gap: 32% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$27,000
at graduation
Earnings (6 yr)
$46,900
after enrollment
Earnings (10 yr)
$61,200
after enrollment
Earnings-to-Debt Ratio: 2.3x

Solid return. Earnings outpace debt, though major choice matters.

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

Student Body

White56%
Black5%
Hispanic/Latino17%
Asian3%
Two or more races3%
International12%

Source: U.S. Department of Education College Scorecard (3,404 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.
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