Florida Institute of Technology-Online

Melbourne, FL

School Background

2022 Undergraduate Enrollment: 936
Graduate Enrollment: 523
Master's Colleges & Universities: Larger Programs
Highest degree awarded: Graduate
Religious Affiliation: None

Campus Details

Small City (<100k)
Four-year, small, primarily nonresidential // higher part-time

Applicant and Admittance Traits

2022 Admission Rate: 100%

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: Considered but not required
2022 Median Admit SAT: 1,048
SAT 25th Percentile - 75th: 955 - 1140


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: 47.9%
Black: 21.1%
Hispanic: 17.3%
Asian: 3.0%
American Indian/Alaska Native: 1.0%
Native Hawaiian/Pacific Islander: 0.1%
2+ races: 1.3%
Non-resident alien: 1.3%
Unknown race: 7.2%

Costs & Fees

2022 Average Tuition & Fees (Room/Board/Books): $28,148
In-State tuition: $12,240
Out-of-State tuition: $12,240

Estimated books and supplies: $1,200 (2022)
Estimated on-campus room & board: $13,610 (2018)
Estimated on-campus other fees: $3,600 (2018)

Estimated off-campus room & board: $13,396 (2022)
Estimated off-campus other fees: $0 (2022)

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

Scholarships & Financial Aid

Percentage of students receiving Pell Grant: 46.5%
Percentage of students with Federal Loans: 57.8%

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

Household Income Net Cost
0-$30k $23,834
$30k-48k $24,976
$48k-75k $27,920
$75k-110k $26,161
$110k+ $26,481

Graduate Outcomes & Job Placements

4-year graduation rate: 0%
6-year graduation rate: 0%

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)
Graduate/Professional Certificate Health and Medical Administrative Services. 1
Associate's Degree Business Administration, Management and Operations. 18
Master's Degree Business Administration, Management and Operations. 208 $428 $77,352 ($6,446) $90,978 ($7,582)
Bachelor's Degree Accounting and Related Services. 23 $42,124 $357 $51,018 ($4,252) $48,986 ($4,082)
Master's Degree Accounting and Related Services. 22 $466 $56,776 ($4,731) $69,689 ($5,807)
Master's Degree Finance and Financial Management Services. 11
Bachelor's Degree Human Resources Management and Services. 1
Master's Degree International Business. 9
Bachelor's Degree Management Information Systems and Services. 9 $38,907 $396 $60,759 ($5,063)
Master's Degree Management Information Systems and Services. 123 $428 $80,697 ($6,725) $84,920 ($7,077)
Associate's Degree Marketing. 1
Bachelor's Degree Marketing. 11 $31,000 $289 $49,010 ($4,084)
Master's Degree Marketing. 15 $65,691 ($5,474)
Associate's Degree Information Science/Studies. 32 $26,875 $269
Bachelor's Degree Information Science/Studies. 59 $54,375 $509 $56,450 ($4,704) $101,605 ($8,467)
Master's Degree Computer/Information Technology Administration and Management. 16 $94,579 ($7,882)
Graduate/Professional Certificate Computer/Information Technology Administration and Management. 1
Associate's Degree Liberal Arts and Sciences, General Studies and Humanities. 12
Associate's Degree Clinical, Counseling and Applied Psychology. 23
Bachelor's Degree Clinical, Counseling and Applied Psychology. 58 $32,000 $288 $27,693 ($2,308) $43,108 ($3,592)
Associate's Degree Criminal Justice and Corrections. 10
Bachelor's Degree Criminal Justice and Corrections. 7
Bachelor's Degree Homeland Security. 3
Associate's Degree Air Transportation. 9
Bachelor's Degree Air Transportation. 14 $27,000 $286 $48,858 ($4,072) $68,636 ($5,720)
Associate's Degree Health and Medical Administrative Services. 19
Bachelor's Degree Health and Medical Administrative Services. 24 $53,313 $534 $35,173 ($2,931) $36,381 ($3,032)
Master's Degree Health and Medical Administrative Services. 28 $466 $49,493 ($4,124) $80,610 ($6,718)
Bachelor's Degree Business Administration, Management and Operations. 51 $38,097 $364 $61,029 ($5,086) $58,663 ($4,889)
Associate's Degree Accounting and Related Services. 13


Campus Resources

Average faculty salary: $0
Full time faculty: 0%

Undergraduate student-to-faculty ratio: 18.0

School's endowment start of year: $62,088,227 (2018)
School's endowment end of year: $70,778,448 (2018)