Florida Institute of Technology

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

Florida Institute of Technology operates as a private nonprofit institution located in Melbourne, Florida (city: small), with a total reported enrollment of 3,404 students of which 3,653 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Florida Institute of Technology is categorized as “16” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 57.7%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,225 and an ACT midpoint of 27. The average net price after grants and scholarships is $35,639, with published in-state tuition of $45,900 and a Pell grant recipient share of 21.1%. Median federal student debt at graduation is $27,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 64.5%, and the first-year retention rate is 80.0%. Graduates earn a median of $43,137 ten years after enrolling, compared with $41,941 six years post-enrollment. Within three years of entering repayment, 459200.0% of borrowers are making progress on their federal loans, and 73.1% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.