At $35,300/yr net price, Florida Institute of Technology graduates earn $43,137/yr within 10 years of enrollment, which is $9,137/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $35,300 |
| Estimated 4-Year Cost | $141,200 |
| Median Earnings (10yr post-entry) | $43,137/yr |
| Earnings Premium vs. HS Diploma | +$9,137/yr |
| Estimated Break-Even | 15.5 years |
| Graduation Rate (6-year) | 65.5% |
| Median Debt at Graduation | $27,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $29,324/yr |
| $30,001 - $48,000 | $29,464/yr |
| $48,001 - $75,000 | $33,611/yr |
| $75,001 - $110,000 | $36,324/yr |
| $110,001+ | $39,204/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Information Science/Studies. | Master | $80,022 | |
| Business Administration, Management and Operations. | Master | $75,787 | $37,584 |
| Health and Medical Administrative Services. | Master | $69,338 | $41,000 |
| Electrical, Electronics and Communications Engineering. | Bachelor | $69,338 | |
| Information Science/Studies. | Bachelor | $67,660 | $48,000 |
| Computer Science. | Bachelor | $67,324 | $27,000 |
| Mechanical Engineering. | Bachelor | $65,557 | $26,782 |
| Computer Engineering. | Bachelor | $65,486 | $24,625 |
| Management Information Systems and Services. | Master | $63,997 | $37,584 |
| Air Transportation. | Master | $61,064 |
The Risk Factor
65.5% of students at Florida Institute of Technology graduate within 6 years. A significant share of students finish, but roughly 35% do not complete their degree.
Analysis
Florida Institute of Technology delivers strong returns for engineering and tech majors but presents financial risks for other programs. The median earnings of $43,137 ten years after graduation falls short of justifying the $35,300 annual net price for many students.
Your best financial bets are Information Science and Business Administration programs, with graduates earning $67,660 to $80,022 annually. Electrical Engineering also performs well at $69,338. These technical fields align with Florida's aerospace and defense industries, where employers actively recruit FIT graduates.
The school's 65% graduation rate creates the first major financial risk. More than one in three students who enroll never finish their degree but still accumulate debt. The 77% retention rate signals that many students struggle academically or financially in their first year.
Only 20% of students receive need-based aid, making FIT primarily accessible to families who can afford the full cost. This low aid percentage suggests limited financial assistance for middle-income families who earn too much for federal aid but cannot easily cover $35,300 annually.
FIT works financially if you plan to major in engineering, computer science, or business and can afford the upfront costs. The small class sizes and industry connections in aerospace and technology sectors provide networking advantages that larger state schools cannot match. However, if you need significant financial aid or plan to study outside STEM fields, you will likely find better value elsewhere. The combination of high costs and moderate overall earnings makes this a risky investment unless you target the highest-paying programs.
Frequently Asked Questions
Is Florida Institute of Technology worth the cost?
Florida Institute of Technology's $35,300 annual net price leads to median earnings of $43,137 after 10 years, which is below average for the cost. The ROI depends heavily on your major, with Information Science graduates earning $80,022 while other programs show weaker returns.
What are the best paying majors at Florida Institute of Technology?
Information Science and Business Administration graduates from Florida Institute of Technology earn the highest salaries at $80,022 and $75,787 respectively. Engineering majors earn around $69,338, which is solid but not exceptional for the field.
How much debt do Florida Institute of Technology students graduate with?
Florida Institute of Technology students graduate with a median debt of $27,000, which is manageable compared to many private schools. However, with average 10-year earnings of $43,137, some graduates may struggle with loan payments depending on their field.
Does Florida Institute of Technology have good job placement after graduation?
Florida Institute of Technology has a 65.5% graduation rate, which is concerning for a school charging $35,300 annually. The school's focus on tech and engineering fields provides clear career paths, but one-third of students don't complete their degrees.