Florida Institute of Technology vs Southern Methodist University

Melbourne, FL — Dallas, TX

Metric
Florida Institute of Technology
Melbourne, FL
Southern Methodist University
Dallas, TX
Location Melbourne, FL Dallas, TX
Type Private Nonprofit Private Nonprofit
Total Enrollment 3,404 7,277
Acceptance Rate 57.7% 63.3%
SAT Average 1,225 1,428
In-State Tuition $45,900 $67,040
Out-of-State Tuition $45,900 $67,040
Avg Net Price $35,639 $40,892
Median Debt at Graduation $27,000 $19,500
4-Year Graduation Rate 64.5% 83.8%
Retention Rate 80.0% 90.5%
Median Earnings (6 yr) $41,941 $65,556
Median Earnings (10 yr) $43,137 $78,354
Loan Repayment Rate 459200.0% 131300.0%

Values highlighted in green indicate the better metric. Source: U.S. Department of Education College Scorecard.

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Florida Institute of Technology
Melbourne, FL
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Southern Methodist University
Dallas, TX
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Frequently Asked Questions

How do Florida Institute of Technology and Southern Methodist University compare?
Florida Institute of Technology (Melbourne, FL) has an acceptance rate of 57.7%, in-state tuition of $45,900, and median 10-year earnings of $43,137. Southern Methodist University (Dallas, TX) has an acceptance rate of 63.3%, in-state tuition of $67,040, and median 10-year earnings of $78,354.
Which school has higher graduate earnings, Florida Institute of Technology or Southern Methodist University?
Southern Methodist University graduates earn more at 10 years out, with a median of $78,354 vs $43,137. Source: U.S. Department of Education College Scorecard.
Which school is more affordable, Florida Institute of Technology or Southern Methodist University?
Based on average net price (after grants and scholarships), Florida Institute of Technology is the more affordable option at $35,639 per year versus $40,892.
Which school has a better 4-year graduation rate?
Southern Methodist University has the higher 4-year graduation rate: 83.8% vs 64.5%.

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All data from the U.S. Department of Education College Scorecard. PlainCollege is not affiliated with any government agency.

Related

Source: U.S. Department of Education — College Scorecard College Scorecard institution outcomes (earnings, completion, debt) · 2025