Florida Institute of Technology is a private not-for-profit institution in Melbourne, Florida enrolling 3,404 undergraduates. It accepts 58% of applicants and has an on-time graduation rate of 64%, above the national average of 33%. College Factual ranks it #915 of 5,159 colleges nationwide in its 2027 Best Colleges ranking (top 18%), and its Value for Your Money analysis rates it a Fair Price.
Source: IPEDS 2025; College Scorecard July 2026; College Factual rankings 2027. Data as of: July 2026.
Florida Institute of Technology ranks #915 of 5,159 colleges nationwide in College Factual’s 2027 Best Colleges ranking, placing it in the top 18%.
College Factual recognizes the best colleges and universities in its annual rankings. These rankings include categories for best overall colleges, best colleges for each major, best value schools, and much more.
Florida Institute of Technology was awarded 59 badges in the 2027 rankings.
College Factual ranked Florida Tech as #915 out of 5,159 colleges and universities in the country on its 2027 Best Colleges list. This puts it in the top 20% of all schools in the nation.
Florida Tech is also ranked #23 on the Best Colleges in Florida list.
See all of the rankings for Florida Institute of Technology.
Florida Institute of Technology has an acceptance rate of 58%, which means the school is serious about who it admits. Take your time in putting together a strong application that highlights why you are a good fit for Florida Tech.
About 72% of students accepted to Florida Tech submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 560 and 660. Math scores were between 560 and 660.
Florida Tech received ACT scores from 31% of accepted students. When looking at the 25th through the 75th percentile, ACT Composite scores ranged between 23 and 28.
Learn more about Florida Institute of Technology admissions.
With a student to faculty ratio of 13 to 1, Florida Institute of Technology is about average in this regard as the nationwide rate is 15 to 1. While this does not translate directly to class size, it’s a good indicator of how much time professors will have to spend with their students on a one-on-one basis.
In addition to the student to faculty ratio, some people look at what percentage of faculty members are full-time as a sign of how much time professors will be able to spend with their students. This is because part-time teachers may not be on campus as much as their full-time counterparts.
The full-time faculty percentage at Florida Institute of Technology is 76%. This is higher than the national average of 47%.
Florida Institute of Technology has a freshmen retention rate of 80%. That’s a good sign that full-time students like the school and their professors enough to want to stick around for another year. It’s also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.
The on-time graduation rate for someone pursuing a bachelor’s degree is typically four years. This rate at Florida Tech for first-time, full-time students is 64%, which is better than the national average of 33.3%.
Find out more about the retention and graduation rates at Florida Institute of Technology.
The current enrollment includes 3,404 undergraduates at Florida Tech.
Get more detailed information on the diversity at Florida Institute of Technology.
The average net price of Florida Tech is $17,140. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.
| $0-30 K | $30K-48K | $48-75 | $75-110K | $110K + |
|---|---|---|---|---|
| $29,108 | $29,213 | $31,311 | $36,466 | $40,649 |
The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid. Note that the net price is typically less than the published price for a school. For more information on the sticker price of Florida Tech, see our tuition and fees and room and board pages.
While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At Florida Tech, approximately 40% of students took out student loans averaging $6,396 a year. That adds up to $25,584 over four years for those students. The student loan default rate is 10.7%. This is about the same as the national default rate of 10.1%. Get more details about paying for Florida Institute of Technology.
Yearly salaries vary depending on what you major in, but on average, bachelor’s degree recipients from Florida Institute of Technology make around $43,137 per year during the early years of their employment. Unfortunately, this is 12% less than the average college graduate’s salary of $49,219 per year. However, graduates in your major field may make more.
See which majors at Florida Institute of Technology make the most money.
Florida Institute of Technology is an private not-for-profit institution situated in Melbourne, Florida. The surrounding area of the school is a good match for students who enjoy city life. Get more details about the location of Florida Institute of Technology.
Contact information for Florida Institute of Technology are given below.
| Contact Details | |
|---|---|
| Address: | 150 West University Boulevard, Melbourne, FL 32901-6975 |
| Phone: | 3216748000 |
| Website: | www.fit.edu |
| Wikipedia: | en.wikipedia.org/wiki/Florida_Institute_of_Technology |
| Facebook: | www.facebook.com/FloridaInstituteofTechnology |
| Twitter: | twitter.com/floridatech |
In the latest year of available data, students from 21 majors graduated from Florida Institute of Technology. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.
| Most Popular Majors | Completions | Average Salary of Graduates |
|---|---|---|
| Multi-Disciplinary Studies | 3,140 | NA |
| Clinical & Counseling Psychology | 1,265 | $58,036 |
| Business Administration & Management | 460 | $68,011 |
| Air Transportation | 188 | $48,855 |
| Aeronautical Engineering | 122 | $59,501 |
| Computer Science | 88 | $67,475 |
| Mechanical Engineering | 88 | $64,264 |
| Computer Information Systems | 77 | NA |
| Computer Engineering | 77 | $66,682 |
| Engineering-Related Fields | 72 | $98,500 |
29 students took at least one online class at Florida Institute of Technology.
Online courses are a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.
Learn more about online learning at Florida Institute of Technology.
Want to see how other colleges compare to Florida Tech? Pit them head to head with College Combat, our free interactive tool that lets you compare colleges on the features that matter most to you.
Footnotes
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
References