About Florida Institute of Technology-Online
Students pay an average net price of $25,374 annually, regardless of residency status since tuition runs $12,240 for everyone. Graduates earn a median of $69,606 in their first year after graduation, jumping to $80,275 by year five. The typical graduate leaves with $27,000 in debt and monthly loan payments of $286. Those earnings numbers suggest the investment pays off quickly for most students.
The 22% retention rate reveals a harsh reality about online technical education. Many students struggle with the demanding coursework or discover the format doesn't suit their learning style. Women make up 62% of the student body, which flips the typical gender ratio found in traditional engineering programs. The 92% employment rate shows that students who complete their degrees find work readily.
Academics & Faculty
Source: College Scorecard / U.S. Department of Education
- Student-to-Faculty Ratio
- 13:1
- Retention Rate
- 22.2%
- Median Earnings (10 years)
- $43,137
- Carnegie Classification
- Master's University (Large)
Popular Programs by Earnings
| Program | Level | Median Earnings |
|---|---|---|
| Business Administration, Management and Operations. | Master | $75,787 |
| Health and Medical Administrative Services. | Master | $69,338 |
| Information Science/Studies. | Bachelor | $67,660 |
| Management Information Systems and Services. | Master | $63,997 |
| Air Transportation. | Bachelor | $47,650 |
| Business Administration, Management and Operations. | Bachelor | $47,260 |
| Clinical, Counseling and Applied Psychology. | Bachelor | $37,208 |
Campus Life
The student body skews 61.62% female, unusual for technical fields but common in online education. Students span the country with only 43.40% from Florida. The 22.22% retention rate reflects online learning's challenges and the working adult population it serves. Your weekends won't involve campus parties or football games. Instead, expect to balance coursework with existing responsibilities. The 13:1 student-faculty ratio means professors know their online students despite the virtual format. Discussion boards replace dorm conversations. Group projects happen through video calls. The 92.2% employment rate suggests students often continue working while studying. Success here requires self-discipline and time management skills that traditional college doesn't teach.
- Setting
- City-Small
- Calendar System
- Other
- Study Abroad
- Available
Climate & Weather
- January Avg
- 49°–71°F
- July Avg
- 72°–90°F
- Annual Precipitation
- 52.0"
- Annual Snowfall
- 0.0"
Student Demographics
- Men
- 38.4%
- Women
- 61.6%
- White
- 46.2%
- Black
- 17.4%
- Hispanic
- 21.3%
- Asian
- 2.9%
- In-State Students
- 43.4%
- Pell Grant Recipients
- 48.5%
Location
- Address
- Melbourne, Florida 32901-6975
After College
Source: College Scorecard / U.S. Department of Education
- Median Earnings (10 years)
- $43,137
- Median Earnings (5 years)
- $80,275
- Mean Earnings (6 years after entry)
- $46,900
- Loan Repayment Rate
- 37.0%
- Monthly Loan Payment
- $286/mo
- Median Debt at Graduation
- $27,000
Frequently Asked Questions
What is the acceptance rate at Florida Institute of Technology-Online?
Florida Institute of Technology-Online accepts 92.04% of applicants, making admission highly accessible for students interested in technology and engineering programs. The school prioritizes providing online access to technical education rather than maintaining selective admissions. However, the 22.22% retention rate suggests students should carefully consider their readiness for online learning.
How much does Florida Institute of Technology-Online cost after financial aid?
The average net price is $25,374, with tuition set at $12,240 for all students regardless of residency. About 48.52% of students receive financial aid, though only 5.25% receive institutional grants averaging $4,291. The relatively low institutional grant rate means students often rely on federal aid and loans.
What is the student-faculty ratio at Florida Institute of Technology-Online?
The student-faculty ratio stands at 13:1 with 628 total students enrolled. This ratio allows for more personalized attention in online courses focused on engineering and technology fields. The small enrollment creates an intimate learning environment despite the virtual format.
How much do Florida Institute of Technology-Online graduates earn?
Graduates earn a median of $43,137 ten years after graduation, with an employment rate of 92.2%. Early career earnings are stronger, with one-year graduates earning $69,606 and five-year graduates earning $80,275. The dip in longer-term earnings may reflect the competitive nature of technology careers requiring continuous skill updates.
Where are Florida Institute of Technology-Online students from?
The student body is 43.40% from Florida, with the remainder coming from across the country since residency doesn't affect tuition. Women make up 61.62% of students, which is notable for a technology-focused institution. The diverse student body includes 46.18% White, 21.34% Hispanic, and 17.36% Black students.
Does Florida Institute of Technology-Online have a good loan repayment rate?
The loan repayment rate is 36.98%, which is concerning given that 61.10% of students take federal loans. Graduates carry a median debt of $27,000 with monthly payments of $286. The lower repayment rate suggests some graduates struggle financially despite the school's focus on in-demand technology fields.