FourYearCost

Florida Institute of Technology

Melbourne, FLPrivate nonprofitRank 1428 of 1,732Traditional rank 933 of 1,156

Avg freshman grant · 2022-23
$23,953
772 recipients
Avg grant, later years · 2022-23
$24,601
1,985 recipients
The drop
−$648
-2.7% of the freshman average

Freshman grant vs later years

Freshman year$23,953Later years$24,601

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$29,324
$30–48k$29,464
$48–75k$33,611
$75–110k$36,324
$110k+$39,204

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$43,670
Tuition and fees (in-state), 2023-24$44,360
Change$690 (+1.6%)
On-campus room and board, 2023-24$14,340

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$41,8502018-19$42,4702019-20$43,2462020-21$43,2462021-22$43,6702022-23$44,3602023-24

Published tuition and required fees, +6.0% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$32,3142020-21$30,7522021-22$36,3642022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years65%
Full-time freshman retention (return for year 2)77%
Freshmen receiving Pell Grants23%
Freshmen taking federal loans48%
Average federal loan (freshmen who borrow)$5,225
Aid drop one year earlier (2021-22)$3,344

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all FL colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
St. Thomas University$23,849$1,173
Palm Beach Atlantic University$24,541$4,001
Nova Southeastern University$23,120$2,020
Barry University$25,115$4,444
Saint Leo University$21,871$10,021

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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