Florida Institute of Technology-Online

https://www.fit.edu

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2024 Undergraduate Tuition

$12,480

1.96% growth from 2023

2024 Average Net Price

$17,323

After Financial Aid

2024 Acceptance Rate

40.2%

112 Applicants

2024 Enrolled Students

815

39.6% Full-Time

About

Florida Institute of Technology-Online is a higher education institution located in Brevard County, FL. In 2024, the most popular Masters Degree concentrations at Florida Institute of Technology-Online were General Business Administration & Management (74 degrees awarded), Logistics, Materials, & Supply Chain Management (32 degrees), and General Management Information Systems (31 degrees).

In 2024, 405 degrees were awarded across all undergraduate and graduate programs at Florida Institute of Technology-Online. 54.8% of these degrees were awarded to women, and 45.2% awarded men. The most common race/ethnicity group of degree recipients was white (210 degrees), 3.13 times more than then the next closest race/ethnicity group, black or african american (67 degrees).

The median undergraduate tuition at Florida Institute of Technology-Online is $12,480, which is $−11,520 less than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Florida Institute of Technology-Online is $12,480, which is $11,520 less than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $17,323.

In 2024, 69% of undergraduate students attending Florida Institute of Technology-Online received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Tuition Costs

$12,480

2024 Undergraduate Tuition

In 2024, the cost of tuition at Florida Institute of Technology-Online was $12,480. The cost of tuition at Florida Institute of Technology-Online is $−11,520 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

This chart compares the tuition costs of Florida Institute of Technology-Online (in red) with those of other similar universities.

Average Net Price

$17,323

2024 Value

28.3%

1 Year Growth

In 2024 Florida Institute of Technology-Online had an average net price — the price paid after factoring in grants and loans — of $17,323. Between 2023 and 2024, the average net price of Florida Institute of Technology-Online grew by 28.3%.

This chart compares the average net price of Florida Institute of Technology-Online (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,340

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Florida Institute of Technology-Online was of $14,340 in 2024. The cost of room and board increased by 3.93% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Florida Institute of Technology-Online (in red) with that of similar universities.

Financial Aid by Income Level

69%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Florida Institute of Technology-Online received financial aid through grants or loans in 2024. This represents a decline of 2.82% with respect to 2023, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at Florida Institute of Technology-Online (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Admissions

Florida Institute of Technology-Online received 112 undergraduate applications in 2024, which represents a 40.7% annual growth. Out of those 112 applicants, 45 students were accepted for enrollment, representing a 40.2% acceptance rate.

There were 815 students enrolled at Florida Institute of Technology-Online in 2024. 9% of first-time enrollees submitted SAT scores with their applications.

Florida Institute of Technology-Online has an overall enrollment yield of 37.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

40.2%

Acceptance Rate in 2024

Accepted Out of 112

In 2024, the undergraduate acceptance rate of Florida Institute of Technology-Online was 40.2% (45 admissions from 112 applications). This is lower than the acceptance rate of 2023, which was 44.4%. Between 2023 and 2024, the number of applicants declined by 40.7%, while admissions declined by 46.4%.

This chart compares the acceptance rate of Florida Institute of Technology-Online (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

9% of enrolled first-time students at Florida Institute of Technology-Online in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Florida Institute of Technology-Online had a total enrollment of 815 students in 2024. The full-time enrollment at Florida Institute of Technology-Online is 323 students and the part-time enrollment is 492. This means that 39.6% of students enrolled at Florida Institute of Technology-Online are enrolled full-time.

The enrolled student population at Florida Institute of Technology-Online, both undergraduate and graduate, is 44.3% White, 21.3% Hispanic or Latino, 18.4% Black or African American, 4.42% Asian, 1.47% Two or More Races, and 0.245% American Indian or Alaska Native.

Students enrolled at Florida Institute of Technology-Online in full-time Undergraduate programs are most commonly White Female (30.8%), followed by Hispanic or Latino Female (16.2%) and White Male (13.6%). Students enrolled in full-time Graduate programs are most commonly Black or African American Male (23.1%), followed by White Male (19.2%) and Black or African American Female (15.4%).

Full-Time vs Part-Time Enrollment

39.6%

Full-Time Enrollment

The total enrollment at Florida Institute of Technology-Online in 2024, both undergraduate and graduate, is 815 students. The full-time enrollment at Florida Institute of Technology-Online is 323 and the part-time enrollment is 492. This means that 39.6% of students enrolled at Florida Institute of Technology-Online are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Florida Institute of Technology-Online (in red) compares to similar universities.

Retention Rate over Time

64%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Florida Institute of Technology-Online was 64%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Florida Institute of Technology-Online had a retention rate lower than its peers.

This chart shows the retention rate over time at Florida Institute of Technology-Online (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
361 enrolled students
Hispanic or Latino
174 enrolled students
Black or African American
150 enrolled students

The enrolled student population at Florida Institute of Technology-Online is 44.3% White, 21.3% Hispanic or Latino, 18.4% Black or African American, 4.42% Asian, 1.47% Two or More Races, and 0.245% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 60 students (7.36%) did not report their race.

Graduates

In 2024, 39 more women than men received degrees from Florida Institute of Technology-Online. The most common race/ethnicity group of degree recipients at Florida Institute of Technology-Online is white (210 degrees awarded). There were 3.13 times more white recipients than the next closest race/ethnicity group, black or african american (67 degrees).

The most common Masters Degree concentration at Florida Institute of Technology-Online is General Business Administration & Management (74 degrees awarded), followed by Logistics, Materials, & Supply Chain Management (32 degrees) and General Management Information Systems (31 degrees).

In 2024, the most specialized majors across all degree types at Florida Institute of Technology-Online, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (32 degrees awarded), Business (261 degrees), and Psychology (45 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Florida Institute of Technology-Online are Accountants & auditors (1,053,079 people), Other managers (955,671 people), Software developers (798,709 people), Financial managers (566,441 people), and Chief executives & legislators (471,372 people).

The most specialized majors at Florida Institute of Technology-Online in 2024 are Transportation (32 degrees awarded), Business (261 degrees), Psychology (45 degrees), Computer and Information Sciences and Support Services (33 degrees), and Protective Services (9 degrees) (as of 2024).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Florida Institute of Technology-Online are Physicians, Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Dentists

The most specialized majors at Florida Institute of Technology-Online are Transportation (32 degrees awarded), Business (261 degrees), Psychology (45 degrees), Computer and Information Sciences and Support Services (33 degrees), and Protective Services (9 degrees) (as of 2024).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Florida Institute of Technology-Online are Computer Systems Design (1,229,334 people), Elementary & secondary schools (955,929 people), Colleges, universities & professional schools, including junior colleges (616,311 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (588,991 people), and Justice, public order, & safety activities (566,567 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Florida Institute of Technology-Online.

Most Common (2024)

General Business Administration & Management
9 degrees awarded
Applied Psychology
9 degrees awarded
Airway Management & Operations
8 degrees awarded

In 2024, the most common associates degree concentration at Florida Institute of Technology-Online was General Business Administration & Management with 9 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Florida Institute of Technology-Online according to their major.

Sex Breakdown for Common Majors

183

Degrees Awarded to Men

in 2024

222

Degrees Awarded to Women

in 2024

In 2024, 183 degrees were awarded to men at Florida Institute of Technology-Online, which is 0.824 times less than the number of degrees awarded to females (222).

This chart displays the sex disparity between the top 5 majors at Florida Institute of Technology-Online by degrees awarded.

Most Common Male Majors

In 2024, 48 degrees were awarded to men at Florida Institute of Technology-Online in General Business Administration & Management, which is 0.889 times less than the 54 female recipients with that same degree.

Most Common Female Majors

In 2024, 54 degrees were awarded to men at Florida Institute of Technology-Online in General Business Administration & Management, which is 1.13 times more than the 48 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
210 degrees awarded
Black or African American
67 degrees awarded
Hispanic or Latino
60 degrees awarded

The most common race/ethnicity at Florida Institute of Technology-Online is white (210 degrees awarded). There were 3.13 times more white recipients than the next closest race/ethnicity group, black or african american (67 degrees).

7.41% of degree recipients (30 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
258 degrees awarded
White Female
255 degrees awarded
White Male
251 degrees awarded

The most common race/ethnicity and sex grouping at Florida Institute of Technology-Online is white female (258 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white female (255 degrees).

Operations

The most common positions for non-instructional staff at Florida Institute of Technology-Online is Management, with 1 employees.

Salary Expenditure

$6.31M

2024 Salaries

growth from 2023

In 2024, Florida Institute of Technology-Online paid a median of $6.31M in salaries, a 0% growth from the previous year.

Instructional Salaries

$192k

Instructional Salaries

Number of Employees

In 2024, Florida Institute of Technology-Online paid a total of $192k to 2 employees working as instructors, which represents 6.24k% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.