The Hetchinger Report
Covering Innovation & Inequality in Education
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Total cost and more

Florida Institute of Technology

Melbourne, FL
Private 4-year school
$65,692projected sticker price
$39,150projected average net price for
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This year at Florida Institute of Technology, we project that on average students will pay $39,150, while the advertised price of attendance is $65,692. That’s a difference of $26,541.

Prices at Florida Institute of Technology over time for

$20K
$40K
$60K
14-15
16-17
18-19
20-21
22-23
24-25
$65,692
sticker price
$39,150
net price
Upper net price estimation
Projected net price
Lower net price estimation
YearNet in-state price at Florida Institute of TechnologyIn-state sticker price at Florida Institute of Technology
25-26$39,150$65,692
24-25$38,492$64,586
23-24$37,844$63,500
22-23$36,364$61,016
21-22$33,354$58,534
20-21$32,314$58,446
19-20$33,313$60,150
18-19$32,776$59,530
17-18$34,139$59,650
16-17$33,610$58,256
15-16$31,653$56,990
14-15$32,319$55,300
13-14$30,477$52,690

How much a student actually pays usually depends, at least in part, on their family's household income. At Florida Institute of Technology this year, we project students with incomes over $110K will pay around $42,208, while students with incomes below $30K will pay around $31,571. That's a difference of $10,637.

Net price by income bracket, 25-26 school year

$31,571
$31,722
$36,187
$39,107
$42,208
<$30K
$30K-$48K
$48K-$75K
$75K-$110K
>$110K
Income bracketProjected net price at Florida Institute of Technology
<$30K$31,571
$30K-$48K$31,722
$48K-$75K$36,187
$75K-$110K$39,107
>$110K$42,208

School details

Located in Melbourne, FL
63% acceptance rate
Private 4-year school
63% graduation rate

Graduation Rates

A school’s graduation rate can indicate how likely a student is to complete their degree. At Florida Institute of Technology, over the last five years 63% of students earned their bachelor’s degree within six years of enrolling.

63% overall grad rate
Nat’l average

Students from different demographic backgrounds often graduate at different rates, so it can be helpful to look beyond the overall graduation rate. This chart shows how students of different races and ethnicities fare earning their degrees at Florida Institute of Technology.

American Indian/Alaska Native
Asian
Black
Hispanic
Native Hawaiian/Pacific Islander
White
Multiple races
Unknown race
Nat’l avg.
40%
64%
56%
58%
55%
65%
66%
51%
Demographic categoryGraduation rate at Florida Institute of TechnologyNational average
American Indian/Alaska Native40%31%
Asian64%45%
Black56%34%
Hispanic58%41%
Native Hawaiian/Pacific Islander55%28%
White65%50%
Multiple races66%37%
Unknown race51%37%

Student Retention

Student retention, or how often students return to continue their degree after completing their first year, is another helpful indicator. Over the last five years, at Florida Institute of Technology, about 79% of full-time students returned the following fall to continue their degree.

Full-time students

79%retention
Nat’l average: 64%

Part-time students

62%retention
Nat’l average: 32%

Student Demographics

The size and demographic makeup of a school’s student body can have a large impact on a student’s experience. Florida Institute of Technology has 10,139 students, which puts it in the {SIZE_PERCENTILE} percentile of private, 4-year schools.

0 students
1+ students
10,139 students

About 56% of students are female.

56% female
44% male
1% other

And about 45% of students are white.

White

45%

Nonresident

20%

Hispanic

16%

Black

7%

Unknown race

6%

Asian

3%

Multiple races

3%

American Indian/Alaska Native

<1%

Native Hawaiian/Pacific Islander

<1%