Florida Institute of Technology-Online

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

Florida Institute of Technology-Online operates as a private nonprofit institution located in Melbourne, Florida (city: small), with a total reported enrollment of 475 students of which 1,160 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-Online is categorized as “18” 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 40.2%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $18,405, with published in-state tuition of $12,780 and a Pell grant recipient share of 49.0%. 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. Four-year completion rate data is unavailable, and the first-year retention rate is 63.6%. 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.