- The Inkwell
- Florida
- Florida Institute of Technology
Melbourne, FLCity: smallZIP 32901Founded 1958
- Sector
- Private nonprofit
- Founded
- 1958
- Carnegie class
- Doctoral: high research activity (R2)
- Highest degree
- Graduate degree
- Federal aid since
- 1965
- Website
- www.fit.edu
- Member of
- ORAU
FloridaPrivate nonprofit
Florida Institute of Technology
Florida Institute of Technology is a private nonprofit university in Melbourne, Florida, with 3,404 undergraduates. It admits 58% of applicants, graduates 59% within six years and costs $36,511 a year after aid.
59%graduate
Admission rate58%
Retention80%
4-year graduation42%
Pell Grant share30%
Federal loans45%
$36,511net price / year
58%admission rate
1225average SAT
59%graduate in 6 years
$50,557median earnings, 10 yrs
$25,498median debt
#1,232 of 1,704 for earnings#1,612 of 1,739 for lowest net price#702 of 1,738 for graduation rate#332 of 1,552 for selectivity
what it costs
Cost and net price
Net price is the average annual cost after grants and scholarships for full-time students who receive federal aid; it varies with family income.
Published cost
- Cost of attendance
- $64,812tuition, fees, housing, books, per year
- Tuition & fees, in-state
- $46,669
- Tuition & fees, out-of-state
- $46,669
- Average net price
- $36,511national median $19,980
Net price by family income
$0–30,000$33,642
$30,001–48,000$28,477
$48,001–75,000$31,034
$75,001–110,000$35,659
$110,001+$41,832
getting in
Admissions and test scores
Admission
- Admission rate
- 58%national median 77%
- Average SAT
- 1225
- SAT reading, middle 50%
- 560–660
- SAT math, middle 50%
- 560–660
- ACT composite, middle 50%
- 23–28
Against the national median
Admission rate · this college58%
Admission rate · U.S. median77%
Retention · this college80%
Retention · U.S. median76%
Graduation · this college59%
Graduation · U.S. median55%
Pell share · this college30%
Pell share · U.S. median39%
after enrolling
Graduation, earnings and debt
Completion
- Graduation rate, 6 years
- 59%within 150% of normal time
- Graduation rate, 4 years
- 42%
- First-year retention
- 80%
- Award within 8 years, all students
- 50%
Earnings and debt
- Median earnings, 6 years after entry
- $54,496
- Median earnings, 10 years after entry
- $50,557middle 50%: $28,414–$82,484
- Median debt at graduation
- $25,498
- 3-year loan default rate
- 0%
Earnings ten years after entry
Upper quarter$82,484
Median, Florida Institute of Technology$50,557
Lower quarter$28,414
U.S. median, all colleges$58,886
Former students working and not enrolled · College Scorecard
who studies here
Students and faculty
Undergraduates
- Degree-seeking undergraduates
- 3,404
- Part-time
- 3.6%
- Women / men
- 33% / 67%
- Average age at entry
- 28.4
- First-generation students
- 40%
- Pell Grant recipients
- 30%
Faculty and resources
- Student-to-faculty ratio
- 13 : 1
- Full-time faculty
- 76%
- Average faculty salary
- $11,366 / month
- Instructional spending per student
- $11,908
- Endowment, end of year
- $105,961,895
Race and ethnicity, undergraduates
White56%
Hispanic17%
Black4.7%
Asian3.4%
Two or more races3.2%
U.S. nonresident12%
American Indian / Alaska Native0.4%
Native Hawaiian / Pacific Islander0.1%
Unknown2.8%
17 fields of study
Most popular fields
Share of bachelor’s degrees awarded, by broad field (CIP family).
Engineering31%
Transportation & materials moving19%
Business & management12%
Psychology9.8%
Computer & information sciences9.0%
Biological & biomedical sciences6.6%
Physical sciences5.7%
Engineering technologies1.8%
keep comparing
Similar colleges
Private nonprofit colleges in Florida
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Jacksonville University Jacksonville, FL | $28,424 | 49% | $77,598 |
| Lynn University Boca Raton, FL | $43,806 | 57% | $58,891 |
| Everglades University Boca Raton, FL | $29,825 | 58% | $48,760 |
| Bethune-Cookman University Daytona Beach, FL | $13,059 | 34% | $42,476 |
| Florida Southern College Lakeland, FL | $26,211 | 68% | $60,802 |
| Rollins College Winter Park, FL | $36,204 | 78% | $64,156 |
Same Carnegie class, similar price
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| University of New England Biddeford, ME | $38,617 | 62% | $68,670 |
| Loyola University Chicago Chicago, IL | $36,340 | 72% | $78,431 |
| Rochester Institute of Technology Rochester, NY | $37,232 | 70% | $84,700 |
| Duquesne University Pittsburgh, PA | $37,704 | 76% | $81,698 |
| Jackson State University Jackson, MS | $34,119 | 43% | $42,075 |
| Howard University Washington, DC | $33,002 | 74% | $69,682 |
Source: College Scorecard, U.S. Department of Education — institution file, most recent cohorts. UNITID 133881. Founding year, motto and memberships: Wikidata Q3152650.