Florida Institute of Technology logo

Florida Institute of Technology

Melbourne, FL
privateWebsite
20
Value
Median Earnings (10yr)
$43,137
-20% vs average
Net Price / Year
$35,639
+75% vs average
Graduation Rate
64%
Payback Period
3.3 years
Median Debt
$27,000
Student Body
3,404

Florida Institute of Technology — Earnings vs Cost (vs National Average)

Admission Rate
58%

Is Florida Institute of Technology Worth It?

At a value score of 20/100, Florida Institute of Technology is a below-average value relative to its cost. Graduates earn $43,137 — 20% below average — while paying $35,639/year. Consider alternatives with better earnings-to-cost ratios.

With a 3.3-year payback period, most graduates recoup their total cost of attendance relatively quickly.

The 64% graduation rate means roughly 36% of students leave without a degree — taking on debt without the earnings boost that completion brings.

With median debt of $27,000 representing 63% of first-year earnings, loan repayment will be a significant burden for most graduates.

Bottom line: consider whether the specific program you're interested in at Florida Institute of Technology has outcomes that justify the cost — the institution-wide numbers suggest caution.

How Florida Institute of Technology compares to peer private nonprofit colleges of similar tier nationally

Ranked #18 of 27 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Bob Jones University45$16,641$44,354
#2Berry College43$22,320$53,800
#3Franciscan University of Steubenville40$23,589$50,030
#4Ouachita Baptist University38$22,409$51,673
#5University of Indianapolis35$21,602$53,610
#6Lindenwood University34$19,638$53,278
#18Florida Institute of Technology20$35,639$43,137

Peer group: private nonprofit colleges within ±60% of Florida Institute of Technology's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 1 in FL.

Best Programs at Florida Institute of Technology

The highest-earning program at Florida Institute of Technology is Computer Science at $64,100/year (4 years after graduation). The lowest is Ecology, Evolution, Systematics, and Population Biology at $21,900/year.

Your major matters more than the school name — a Computer Science graduate from Florida Institute of Technology earns $64,100, while a Ecology, Evolution, Systematics, and Population Biology graduate earns $21,900. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Debt also varies by program: Computer Science graduates carry $27,500 in median debt vs. $27,000 for Ecology, Evolution, Systematics, and Population Biology.

Return on Investment

Estimated 4-Year Cost

$142,556

Based on $35,639/yr net price × 4 years

Earnings Premium

-20%

vs. national average of $53,787/yr

Payback Period

3.3 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$288,814

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Computer Science$64,100$64,100$27,500
Computer Engineering$63,700$63,700$27,500
Mechanical Engineering$61,300$61,300$27,000
Aerospace, Aeronautical and Astronautical Engineering$56,400$56,400$27,000
Air Transportation$39,700$39,700$25,499
Business Administration, Management and Operations$36,400$36,400$24,610
Clinical, Counseling and Applied Psychology$30,700$30,700$26,000
Ecology, Evolution, Systematics, and Population Biology$21,900$21,900$27,000

Quick Facts

Institution Type
private
Location
Melbourne, FL
Student Body
3,404 students
Admission Rate
58%
Graduation Rate
64%
Net Price (Annual)
$35,639
Median Earnings (10yr)
$43,137
Median Student Debt
$27,000
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.