2026 data College Scorecard official source

Affordable Alternatives to Florida Institute of Technology

Open-data reference.

We found 4 schools structurally similar to Florida Institute of Technology that cost less. 4 offer comparable or better earnings outcomes.

Your School

Florida Institute of Technology

Melbourne, Florida · Private Nonprofit

$35,639
Net Price
$43,137
Median Earnings (10yr)
57.7%
Acceptance Rate
64.5%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Florida Institute of Technology

Florida Institute of Technology posts an average net price of $35,639 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Florida Institute of Technology across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 4 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $13,186, achieved by Milwaukee School of Engineering at $22,453. Of greater interest to ROI-focused applicants: 4 of the 4 alternatives also report median 10-year earnings at or above Florida Institute of Technology’s $43,137, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $103,216.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

4
Alternatives Found
$13,186
Max Savings
4
Better Value Options
52%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 4 items by value (USD). Top 5 alternatives by 10-yr earnings Top 4 1. Milwaukee School of Engineer $89k 2. Clarkson University $90k 3. Albany College of Pharmacy a $131k 4. West Coast University-Orange $103k Compared to Florida Institute of Technology: $43k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Milwaukee School of Engineering
Milwaukee, WI · Private Nonprofit Better Value
$22,453 -$13,186 $89,070 69.2% 52%
Clarkson University
Potsdam, NY · Private Nonprofit Better Value
$30,305 -$5,334 $89,696 74.3% 45%
Albany College of Pharmacy and Health Sciences
Albany, NY · Private Nonprofit Better Value
$29,882 -$5,757 $131,426 68.2% 41%
West Coast University-Orange County
Anaheim, CA · Private For-Profit Better Value
$32,879 -$2,760 $102,672 61.3% 41%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Florida Institute of Technology are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Florida Institute of Technology?
We found 4 schools similar to Florida Institute of Technology that cost less. The closest match is Milwaukee School of Engineering with 52% similarity and a net price of $22,453.
What is the ROI of attending Florida Institute of Technology?
Florida Institute of Technology has an average net price of $35,639. Graduates earn a median of $43,137 ten years after enrollment. The earnings-to-cost ratio is 1.2x.
Are there schools with better outcomes than Florida Institute of Technology for less money?
Yes — 4 of 4 alternatives offer comparable or higher median earnings at a lower net price. Milwaukee School of Engineering costs $22,453 (saving $13,186) with median earnings of $89,070.
What is the cheapest alternative to Florida Institute of Technology?
The most affordable similar school is Milwaukee School of Engineering at $22,453, saving $13,186 compared to Florida Institute of Technology. It has a 52% similarity score.
How do alternative schools' earnings compare?
The 4 alternatives have an average median earnings of $103,216 compared to Florida Institute of Technology's $43,137. On average, alternatives match or exceed this school's earnings. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.