Overview
Melbourne, FL Florida Institute of Technology is a private, non-profit 4-year college located in Melbourne, Florida. There are currently 3,114 undergraduates at Florida Tech and the school’s acceptance rate is 64%. The tuition at Florida Tech is $43,670.
University
City
Scholarships & Financial Aid
$61,016
$32,464
$28,552
Cost Breakdown
Estimated Cost:
$61,016for the 2023-2024 Academic Year
The sticker price at Florida Tech is $61,016. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Florida Tech would look like for you, try entering your financial information into their Net Price Calculator.
Florida Institute of Technology Financial Aid
Students who are applying for financial aid at Florida Institute of Technology need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Florida Institute of Technology is 001469.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
Using State Grants at Florida Tech
If you are considering Florida Tech and you reside in the state of Florida, be sure to look into the Bright Futures program. This is a state-run grant for Florida high school students who will be going to school in-state. You can use the money at both public and private institutions. The grant can cover up to 100% of your educational expenses if you qualify for Florida Academic Scholars.
Apply to these scholarships due soon
See more Florida scholarships
Pell Grants at Florida Institute of Technology
22% of students at Florida Institute of Technology receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Florida Institute of Technology.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Florida Tech students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Florida Institute of Technology Financial Aid Resources
If you are looking for more information about financial aid and scholarships at Florida Tech or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.fit.edu/financialaid/
- Phone: 321-674-8070
Admissions
64%
27
Does Florida Institute of Technology charge an application fee?
Good news! Florida Institute of Technology does not charge application fees, so you can apply for free. If you think there is any chance you’d like to attend Florida Institute of Technology, consider sending in an application since it will not cost you anything.
Is Florida Tech test-optional?
Florida Institute of Technologyrequires students to submit either an SAT or ACT score. We can help you decide which of these tests to focus on, and if you are not happy with your current score, there are ways to improve both your SAT and ACT scores.
Rolling deadline at Florida Tech
Florida Institute of Technology accepts applications on a rolling basis. That means that the earlier you submit your application, the better chance you have of gaining admission and strong financial aid. Many schools with rolling admissions have priority deadlines, which means that students that submit their application before these dates have a better chance of receiving financial aid. Be sure to check Florida Tech's website to become familiar with their admissions dates.
Academics
Student/Faculty Ratio
14:1
Graduation Rate
67%
Popular Majors
Percent of Students
Engineering
44%
44% of graduates
Transportation & Materials Moving
18%
18% of graduates
Biological & Biomedical Sciences
8%
8% of graduates
Business, Management, & Marketing
7%
7% of graduates
Physical Sciences
6%
6% of graduates
Computer & Information Sciences
6%
6% of graduates
Psychology
5%
5% of graduates
Engineering
3%
3% of graduates
Mathematics
1%
1% of graduates
Multi/Interdisciplinary Studies.
1%
1% of graduates
Communications & Journalism
1%
1% of graduates
Liberal Arts & Humanities
1%
1% of graduates
Student Body
Undergraduate Students
3,114
Pell Grant 20%
Undergrad Students Over 25 7%
Part-Time Undergrad Students 5%
Percent Male / Female 68% / 32%
Ethnic Diversity at Florida Tech
55% White
18% International / Non-Citizen
14% Hispanic
5% Black
3% Multiracial
3% Unknown
2% Asian / Pacific Islander
Student Outcomes
Graduate Income
$43,137
Median Debt $27,000
Debt 10 years after graduation $286
Graduation Rate 67%
What is the graduation rate at Florida Institute of Technology?
67% of students who start at Florida Institute of Technology end up finishing their degree within six years of enrolling. This is 9% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Florida Institute of Technology go on to earn?
10 years after starting school at Florida Institute of Technology, the median earnings among students who received federal financial aid was $43,137. This is $7,254 less than the national median.
Earnings can vary widely based on many factors other than school choice. Your major and career path can cause substantial changes in your income down the line. For more information, check out our article on the average starting salary out of college.
How much do students at Florida Tech take out in loans?
Graduates of Florida Tech have to take out a median of $27,000 in federal student loans. This is $13,500 more than the national median. As you make decisions about your college loans, it’s important to inform yourself on the advantages and disadvantages of each loan option. Our guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
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