Is Florida Institute of Technology worth it?

Melbourne, FL · private-nonprofit

Verdict

Typical students pay $35,639 a year after aid, graduate with $27,000 in federal debt, and earn $41,941 six years after enrolling — an estimated monthly loan payment of $289, with a debt break-even of about 6.4 years.

Net price / year

$35,639

Admission rate

58%

Graduation rate

Median debt

$27,000

Earnings (6 yr)

$41,941

Earnings (10 yr)

$43,137

Est. monthly loan payment

$289

Loan-to-income ratio

64%

Debt break-even

6.4 years

How Florida Institute of Technology compares

MetricFlorida Institute of TechnologyFloridaNational
Net price$35,639$18,146$16,642
Median debt$27,000$9,980$12,377
Earnings (6 yr)$41,941$28,126$33,037
Graduation rate

FAQ

How much does it cost to attend Florida Institute of Technology?

The federal average net price after grants and scholarships is $35,639 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Florida Institute of Technology graduates typically carry?

Students who complete a program at Florida Institute of Technology leave with a median federal debt of $27,000, based on the U.S. Department of Education's College Scorecard.

What do Florida Institute of Technology graduates earn?

Six years after enrolling, former students report median earnings of $41,941, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Florida Institute of Technology?

Graduation rate data is not currently published for this school.

Is Florida Institute of Technology worth the debt?

Based on median debt and 6-year earnings, it would take roughly 6.4 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.