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Melbourne, FL · Private University

Is Florida Institute of Technology Worth It?

ROI analysis based on real earnings and cost data

Below AverageRanked #3412 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$43,137

median, 10 years after enrollment

In-State Tuition

$44,360

per year

Out-of-State Tuition

$44,360

per year

Total 4-Year Cost

$177,440

tuition only (4 years)

ROI Ratio

0.97x

earnings ÷ annual tuition

Payback Period

21.8 yrs

years to recoup total cost

Graduation Rate

65.5%

6-year graduation rate

Median Debt

$27,000

at graduation

Avg Net Price

$35,300

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$43,137
Annual Tuition$44,360
National Median Earnings$45,000

Florida Institute of Technology graduates earn $1,863 less than the national median of workers with any education level.

What You'd Actually Pay

Average net price after grants and scholarships, by family income

Under $30,000$29,324/yr
$30,000 – $48,000$29,464/yr
$48,000 – $75,000$33,611/yr
$75,000 – $110,000$36,324/yr
Over $110,000$39,204/yr

Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.

Highest-Earning Majors

Top programs at Florida Institute of Technology ranked by graduate earnings

1
Information Science/Studies.$101,605

49 graduates

2
Computer Science.$96,310

22 graduates

3
Computer Engineering.$90,773

33 graduates

4
Aerospace, Aeronautical and Astronautical Engineering.$86,250

56 graduates

5
Mechanical Engineering.$84,606

50 graduates

Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.

ROI by Major at Florida Institute of Technology

All available majors ranked by graduate earnings. Your major matters as much as your school.

Your major matters more than your school

At Florida Institute of Technology, the gap between the highest-earning major (Chemical Engineering: $111,234) and the lowest (Health and Medical Administrative Services: $36,381) is $74,853/yr, bigger than the difference between many schools.

MajorEarningsROI
Chemical EngineeringBest ROI$111,2342.5x
Information Science/Studies$101,6052.3x
Computer Science$96,3102.2x
Ocean Engineering$93,4982.1x
Computer Engineering$90,7732.0x
Aerospace, Aeronautical and Astronautical Engineering$86,2501.9x
Mechanical Engineering$84,6061.9x
Civil Engineering$69,5591.6x
Air Transportation$68,6361.6x
Management Information Systems and Services(1yr data)$65,7701.5x
Business Administration, Management and Operations$58,6631.3x
Marketing(1yr data)$52,1581.2x
Accounting and Related Services$48,9861.1x
Clinical, Counseling and Applied Psychology$43,1081.0x
Health and Medical Administrative ServicesLowest$36,3810.8x

Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.

The Bottom Line

Florida Institute of Technology carries higher costs relative to graduate earnings, warranting careful consideration. Graduates earn $43,137 10 years after starting, $1,863 below the national median of $45,000. At the current earnings trajectory, it takes approximately 21.8 years to recover the total cost of attendance.

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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.