Florida Institute of Technology

Melbourne, FL

School Background

2022 Undergraduate Enrollment: 3,219
Graduate Enrollment: 4,339
Doctoral Universities: High Research Activity
Highest degree awarded: Graduate
Religious Affiliation: None

Campus Details

Small City (<100k)
Four-year, medium, highly residential // full-time, selective, higher transfer-in

Applicant and Admittance Traits

2022 Admission Rate: 65.88%

Male/Female: 48% / 52% (2017)

First generation college students: 40.1% (2017)
Percentage of students who are married when enrolled: 26.2% (2017)
Percentage of students who are veterans: 1.9% (2017)

Test scores for admission: Required
2022 Median Admit SAT: 1,254
SAT 25th Percentile - 75th: 1140 - 1340

2022 Median Admit ACT: 27
ACT 25th Percentile - 75th: 24 - 30

Appliants applying to 2+ schools: 55.0% (2017)
Appliants applying to 3+ schools: 31.9% (2017)
Appliants applying to 4+ schools: 21.2% (2017)
Appliants applying to 5+ schools: 14.5% (2017)

Ethnicity Information

White: 54.9%
Black: 5.3%
Hispanic: 11.6%
Asian: 2.2%
American Indian/Alaska Native: 0.4%
Native Hawaiian/Pacific Islander: 0.2%
2+ races: 3.2%
Non-resident alien: 19.5%
Unknown race: 2.8%

Costs & Fees

2022 Average Tuition & Fees (Room/Board/Books): $58,177
In-State tuition: $43,246
Out-of-State tuition: $43,246

Estimated books and supplies: $1,200 (2022)
Estimated on-campus room & board: $10,488 (2022)
Estimated on-campus other fees: $3,600 (2022)

Estimated off-campus room & board: $13,396 (2022)
Estimated off-campus other fees: $3,600 (2022)

Average Family Income: $80,118 (2017)
Median Family Income: $30,032 (2017)

Scholarships & Financial Aid

Percentage of students receiving Pell Grant: 21.0%
Percentage of students with Federal Loans: 37.6%

Median federal loan debt at graduation: $27,000 (2021)
Median federal loan payment: $286 (2021)

Household Income Net Cost
0-$30k $27,009
$30k-48k $26,382
$48k-75k $32,008
$75k-110k $29,730
$110k+ $34,690

Graduate Outcomes & Job Placements

4-year graduation rate: 53%
6-year graduation rate: 66%

1 year post-graduation workforce participation: 92.2% (2020)

Loans

Median federal debt for graduates: $27,000 (2021)
Median federal debt for non-graduates: $8,148 (2021)

Median federal debt for first-generation graduates: $13,782 (2021)
Median federal debt for Pell grant recipient graduates: $14,250 (2021)

Ability to Repay Loans

Graduates, % of Loans in Repayment
(Non-delinquent/default)
Percentage
@1 Year 80.0% (2015)
@3 year 83.2% (2017)
@5 year 91.0% (2017)


1-year Graduate % of Loans being Repaid (Non-delinquent/default) - Pell Grant Recipients: 22.3% (2015)
1-year Graduate % of Loans being Repaid - 1st Generation Attendees: 27.0% (2015)

Earnings Power

Median earnings, 1 year post graduation: $62,925 (2020)
Median earnings, 4 years post graduation: $70,680 (2020)

Popular Majors

Type of Degree Major 2022 Graduates Median Federal Debt Median Monthly Payment 1yr Median Earnings (monthly gross) 4yr Median Earnings (monthly gross)
Master's Degree Mechanical Engineering. 23
Doctoral Degree Mechanical Engineering. 6
Bachelor's Degree Ocean Engineering. 27 $27,000 $286 $60,327 ($5,027)
Master's Degree Ocean Engineering. 10
Master's Degree Computer Science. 20
Doctoral Degree Computer Science. 11
Bachelor's Degree Natural Resources Conservation and Research. 3
Master's Degree Natural Resources Conservation and Research. 1
Doctoral Degree Natural Resources Conservation and Research. 1
Bachelor's Degree Natural Resources Management and Policy. 1
Master's Degree Natural Resources Management and Policy. 2
Bachelor's Degree Communication and Media Studies. 6
Bachelor's Degree Journalism. 3
Bachelor's Degree Public Relations, Advertising, and Applied Communication. 4
Master's Degree Public Relations, Advertising, and Applied Communication. 5
Bachelor's Degree Communication, Journalism, and Related Programs, Other. 1
Master's Degree Information Science/Studies. 45 $95,786 ($7,982)
Doctoral Degree Ocean Engineering. 1
Bachelor's Degree Computer Science. 46 $27,000 $286 $67,509 ($5,626) $96,310 ($8,026)
Master's Degree Computer/Information Technology Administration and Management. 13 $94,579 ($7,882)
Graduate/Professional Certificate Computer/Information Technology Administration and Management. 7
Master's Degree Educational/Instructional Media Design. 1
Master's Degree Teacher Education and Professional Development, Specific Levels and Methods. 3
Bachelor's Degree Teacher Education and Professional Development, Specific Subject Areas. 3
Master's Degree Teacher Education and Professional Development, Specific Subject Areas. 4
Doctoral Degree Teacher Education and Professional Development, Specific Subject Areas. 1
Bachelor's Degree Aerospace, Aeronautical and Astronautical Engineering. 74 $26,982 $265 $65,863 ($5,489) $86,250 ($7,188)
Master's Degree Aerospace, Aeronautical and Astronautical Engineering. 30 $90,419 ($7,535)
Doctoral Degree Aerospace, Aeronautical and Astronautical Engineering. 1
Graduate/Professional Certificate Aerospace, Aeronautical and Astronautical Engineering. 8
Bachelor's Degree Biomedical/Medical Engineering. 35 $27,000 $286
Master's Degree Biomedical/Medical Engineering. 7
Bachelor's Degree Chemical Engineering. 37 $27,000 $286
Master's Degree Chemical Engineering. 9
Doctoral Degree Chemical Engineering. 1
Bachelor's Degree Civil Engineering. 18 $23,000 $64,629 ($5,386) $69,559 ($5,797)
Master's Degree Civil Engineering. 15
Doctoral Degree Civil Engineering. 4
Bachelor's Degree Computer Engineering. 37 $25,125 $261 $74,387 ($6,199) $90,773 ($7,564)
Master's Degree Computer Engineering. 21
Doctoral Degree Computer Engineering. 6
Bachelor's Degree Health and Physical Education/Fitness. 7
Bachelor's Degree Electrical, Electronics and Communications Engineering. 40 $86,580 ($7,215)
Master's Degree Electrical, Electronics and Communications Engineering. 18
Doctoral Degree Electrical, Electronics and Communications Engineering. 11
Bachelor's Degree Mechanical Engineering. 100 $27,000 $284 $67,558 ($5,630) $84,606 ($7,051)
Master's Degree Systems Engineering. 14 $99,634 ($8,303)
Master's Degree Operations Research. 18
Doctoral Degree Operations Research. 9
Graduate/Professional Certificate Engineering, Other. 4
Bachelor's Degree Construction Engineering Technologies. 11
Master's Degree Engineering-Related Fields. 39 $89,043 ($7,420) $99,077 ($8,256)
Doctoral Degree Engineering-Related Fields. 5
Bachelor's Degree Non-Professional General Legal Studies (Undergraduate). 2
Bachelor's Degree Liberal Arts and Sciences, General Studies and Humanities. 5
Bachelor's Degree Biology, General. 15 $24,250 $257
Doctoral Degree Biology, General. 2
Bachelor's Degree Biochemistry, Biophysics and Molecular Biology. 10
Master's Degree Biochemistry, Biophysics and Molecular Biology. 7
Bachelor's Degree Genetics. 2
Bachelor's Degree Biomathematics, Bioinformatics, and Computational Biology. 1
Master's Degree Biotechnology. 23
Bachelor's Degree Ecology, Evolution, Systematics, and Population Biology. 12 $34,508 ($2,876)
Master's Degree Ecology, Evolution, Systematics, and Population Biology. 4
Bachelor's Degree Mathematics. 11
Bachelor's Degree Applied Mathematics. 6
Master's Degree Applied Mathematics. 3
Doctoral Degree Applied Mathematics. 6
Master's Degree Military Applied Sciences. 24 $93,715 ($7,810)
Bachelor's Degree Multi-/Interdisciplinary Studies, General. 2
Master's Degree Multi-/Interdisciplinary Studies, General. 2
Bachelor's Degree Sustainability Studies. 2
Bachelor's Degree Multi/Interdisciplinary Studies, Other. 1
Bachelor's Degree Astronomy and Astrophysics. 14
Master's Degree Astronomy and Astrophysics. 1
Doctoral Degree Astronomy and Astrophysics. 2
Bachelor's Degree Atmospheric Sciences and Meteorology. 4
Master's Degree Atmospheric Sciences and Meteorology. 1
Bachelor's Degree Chemistry. 4
Master's Degree Chemistry. 4
Doctoral Degree Chemistry. 5
Bachelor's Degree Geological and Earth Sciences/Geosciences. 2
Master's Degree Geological and Earth Sciences/Geosciences. 2
Doctoral Degree Geological and Earth Sciences/Geosciences. 1
Bachelor's Degree Physics. 7
Master's Degree Physics. 3
Doctoral Degree Physics. 1
Bachelor's Degree Psychology, General. 18 $36,617 ($3,051)
Bachelor's Degree Clinical, Counseling and Applied Psychology. 38 $32,000 $288 $27,693 ($2,308) $43,108 ($3,592)
Master's Degree Clinical, Counseling and Applied Psychology. 214 $233 $62,875 ($5,240) $70,325 ($5,860)
Doctoral Degree Clinical, Counseling and Applied Psychology. 8 $2,130 $81,069 ($6,756) $73,742 ($6,145)
First Professional Degree Clinical, Counseling and Applied Psychology. 20
Master's Degree Criminal Justice and Corrections. 5
Undergraduate Certificate or Diploma Air Transportation. 24
Associate's Degree Air Transportation. 15
Bachelor's Degree Air Transportation. 79 $27,000 $286 $48,858 ($4,072) $68,636 ($5,720)
Master's Degree Air Transportation. 21 $88,449 ($7,371)
Doctoral Degree Air Transportation. 2
Bachelor's Degree Business Administration, Management and Operations. 26 $38,097 $364 $61,029 ($5,086) $58,663 ($4,889)
Master's Degree Business Administration, Management and Operations. 314 $428 $77,352 ($6,446) $90,978 ($7,582)
Doctoral Degree Business Administration, Management and Operations. 8
Graduate/Professional Certificate Business Administration, Management and Operations. 9
Bachelor's Degree Accounting and Related Services. 10 $42,124 $357 $51,018 ($4,252) $48,986 ($4,082)
Bachelor's Degree Entrepreneurial and Small Business Operations. 4
Master's Degree Human Resources Management and Services. 19 $65,441 ($5,453)
Bachelor's Degree International Business. 21
Bachelor's Degree Management Information Systems and Services. 20 $38,907 $396 $60,759 ($5,063)
Master's Degree Management Information Systems and Services. 8 $428 $80,697 ($6,725) $84,920 ($7,077)
Master's Degree Management Sciences and Quantitative Methods. 23
Bachelor's Degree Marketing. 18 $31,000 $289 $49,010 ($4,084)


Campus Resources

Average faculty salary: $89,136
Full time faculty: 98%

Undergraduate student-to-faculty ratio: 14.0

School's endowment start of year: $88,673,737 (2022)
School's endowment end of year: $107,867,599 (2022)