Florida Institute of Technology
Melbourne, Florida · Private Nonprofit · 57.7% acceptance rate
ROI Score: 36/100 · Below Benchmark
Data: 2024-25 College Scorecard release
Florida Institute of Technology earns an overall ROI score of 36/100, placing it in the Below Benchmark band on CampusROI's framework. Tuition runs $45,900 with an average net price of $35,639 after aid. Average earnings six years after entry land at $46,900, climbing to a median of roughly $43,137 by year ten, producing a payback period of about 34.7 years. Median federal debt of $27,000 works out to a debt-to-earnings ratio of 0.58, which is tight. The component scores break down as earnings premium 12/100, completion 66/100, payback 15/100, debt-to-earnings 56/100, repayment 80/100. The lowest sub-score is earnings premium over a high-school baseline at 12/100, which is the main weight pulling the overall number down; the strongest sub-score is loan repayment rate at 80/100. Data points here come from the U.S. Department of Education's College Scorecard (2024-2025 vintage), and Scorecard earnings carry a 6-10 year reporting lag, so the figures describe recent graduating cohorts rather than this year's incoming class.
How Florida Institute of Technology scores under our methodology
These are the College Scorecard measures that pull this school's CampusROI score down. They describe the published figures, not the quality of the education, and they are our reading of the data. Check them against your own aid offer and intended major.
- ROI Score36/100 - Below Benchmark tier of our scale (below 45). For context, 38% of the schools we score reach 60 or higher.
- Payback period34.7 years - The median payback across the schools we score is about 12 years.
Florida Institute of Technology
Quick Numbers
| In-state tuition + fees | $45,900/yr |
| Out-of-state tuition + fees | $45,900/yr |
| Average net price | $35,639/yr |
| Total 4-year cost (net) | $142,556 |
| Median earnings (10yr post-entry) | $43,137 |
| Average earnings (6yr post-entry) | $46,900 |
| Median debt at graduation | $27,000 |
| Estimated monthly loan payment | $286 |
| Estimated payback period | 34.7 years |
| 6-year graduation rate | 63.5% |
| Undergraduate enrollment | 3,404 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $45,900/year, which covers tuition and fees only. After grants, scholarships, and aid, the average student here pays a net price of $35,639/year, or roughly $142,556 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $29,108/year here, while families earning over $110,000 pay $40,649/year.
Among graduates who borrowed, the median federal loan debt from this school is $27,000, which works out to about $286 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($46,900) and comes to 0.58, under 1.0, meaning median debt is less than a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $29,108 |
| $30,001 - $48,000 | $29,213 |
| $48,001 - $75,000 | $31,311 |
| $75,001 - $110,000 | $36,466 |
| $110,001+ | $40,649 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Families earning under $30,000 pay an average net price of $29,108 per year here. With expected earnings around $43,137 a decade out, that's a difficult number - Pell, state grants, and any institutional aid are doing real work to make it accessible, but families should still model debt carefully across four years.
Middle-income families ($30K-$110K)
Middle-income families ($48,001-$75,000) face a net price of about $31,311 per year. These households typically get less Pell support and partial institutional aid, so the tuition bill is more directly felt. Whether the math works depends on the major: programs with stronger early earnings can absorb this cost; lower-paying majors will produce a longer payback period.
Higher-income families ($110K+)
Families in the $110,000+ bracket pay an average of $40,649 per year.
Earnings by Major
Top 10 most popular majors at Florida Institute of Technology with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Air Transportation | $83,243 | C |
| Aerospace, Aeronautical, and Astronautical/Space Engineering | $97,015 | B |
| Mechanical Engineering | $92,753 | B |
| Computer Science | $91,606 | B |
| Electrical Engineering | $98,505 | - |
| Computer Engineering | $106,431 | B+ |
| Clinical Psychology | $55,282 | D |
| Chemical Engineering | $99,312 | C+ |
| Business Administration, Management, and Operations | $72,717 | C |
| Biomedical Engineering | $88,120 | B+ |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Air Transportation
Air Transportation (CIP 4901) graduates 90 students per year. Reported median first-year earnings of $47,019 and four-year earnings of $83,243. Median program debt is $27,000 against a debt-to-earnings ratio of 0.57, which is tight. CampusROI assigns this program an ROI grade of C.
Aerospace, Aeronautical, and Astronautical/Space Engineering
Aerospace, Aeronautical, and Astronautical/Space Engineering (CIP 1402) graduates 81 students per year. Reported median first-year earnings of $69,149 and four-year earnings of $97,015. Median program debt is $26,982 against a debt-to-earnings ratio of 0.39, which is manageable. CampusROI assigns this program an ROI grade of B. Engineering majors generally outperform their cost on this kind of campus and are the program family most worth borrowing for if the student can complete.
Mechanical Engineering
Mechanical Engineering (CIP 1419) graduates 57 students per year. Reported median first-year earnings of $69,533 and four-year earnings of $92,753. Median program debt is $27,000 against a debt-to-earnings ratio of 0.39, which is manageable. CampusROI assigns this program an ROI grade of B. Engineering majors generally outperform their cost on this kind of campus and are the program family most worth borrowing for if the student can complete.
Computer Science
Computer Science (CIP 1107) graduates 38 students per year. Reported median first-year earnings of $75,231 and four-year earnings of $91,606. Median program debt is $27,000 against a debt-to-earnings ratio of 0.36, which is manageable. CampusROI assigns this program an ROI grade of B.
Electrical Engineering
Electrical Engineering (CIP 1410) graduates 29 students per year. Reported median four-year earnings of $98,505. Engineering majors generally outperform their cost on this kind of campus and are the program family most worth borrowing for if the student can complete.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 80.0% | 68.8% |
| 3-year repayment | 83.2% | 73.6% |
| 5-year repayment | 41.7% | 67.7% |
| 7-year repayment | 57.7% | 72.8% |
Completion Rate
Trends Over Time
How Florida Institute of Technology’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 57.7% |
| SAT Math (25th-75th) | 560-660 |
| SAT Reading (25th-75th) | 560-660 |
| ACT Composite (25th-75th) | 23-28 |
| Enrollment | 3,404 |
| Pell Grant recipients | 21.1% |
| Avg faculty salary (monthly) | $11,366 |
The school admits roughly 57.7% of applicants, putting it in the moderately selective category (SAT Math 25th-75th of 560-660; SAT Reading 25th-75th of 560-660; ACT Composite 25th-75th of 23-28). For prepared students with solid high school records the admit decision is unlikely to be the binding constraint here.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
Florida Institute of Technology sits at ROI 36 with 34.7yr payback.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Florida Institute of Technology (this school) | 36 | $35,639 | $43,137 |
| Barry University | 42 | $22,613 | $55,966 |
| Baptist University of Florida | 31 | $10,372 | $42,836 |
| Uta Mesivta of Kiryas Joel | 29 | $4,156 | $31,853 |
| Universidad Politecnica de Puerto Rico | 27 | $17,540 | $47,540 |
| United Talmudical Seminary | 26 | $6,640 | $25,113 |
Who Thrives Here
Fit skews toward students who want regional access without paying flagship-level tuition. Completion is solid enough that a motivated student has a reasonable shot at finishing on time. Median earnings ten years out of $43,137 should be the honest yardstick for whether the price the family will actually pay (see the income-bracket breakdown below) leads to a workable post-graduation budget.
The Verdict: Below Benchmark Under Our Scoring
Under our methodology, Florida Institute of Technology scores 36/100, which falls in the Below Benchmark tier (below 45). At a net price of $35,639 per year, with typical graduate earnings of $43,137 ten years after entry, we estimate the payback period at about 34.7 years. In our view that makes the financial case a hard one to make on the numbers alone, but those numbers are averages: your major, your aid package and what you want from a degree all change the picture, so run your own numbers before you commit.
What it has going for it: high loan repayment success. What to keep an eye on: weak earnings relative to cost, a long payback period.
Median debt of $27,000 among graduates who borrowed, against average earnings of $46,900 six years after entry, gives a debt-to-earnings ratio of 0.58, under the 1.0 point at which debt would equal a full year of those earnings. Your major matters a lot here: graduates in higher-earning fields will see the better end of this.
Florida Institute of Technology: Common Questions
Is Florida Institute of Technology worth it?
In our view, the financial case is a hard one to make on the numbers alone. Florida Institute of Technology scores 36/100 on our ROI scale, in the Below Benchmark tier (below 45). At $35,639 a year after aid against $43,137 in typical earnings ten years out, we estimate the payback period at about 34.7 years. Your major and aid package can change the picture, so run your own numbers.
How much does Florida Institute of Technology cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $35,639 a year, or roughly $142,556 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Florida Institute of Technology graduates earn?
The typical graduate earns about $43,137 ten years after enrolling, roughly $1,337 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off Florida Institute of Technology?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 34.7 years for Florida Institute of Technology. The median across the schools we track is about 12 years.
How much debt do Florida Institute of Technology graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $27,000, against average earnings of $46,900 six years after entry - a debt-to-earnings ratio of 0.58. In our view that is reasonable, though your major matters: higher-earning fields will see the better end of it.
What is the graduation rate at Florida Institute of Technology?
The six-year graduation rate is 63.5%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.