Florida Institute of Technology-Online

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2022 Undergraduate Tuition

$12,240

2022 Average Net Price

$24,115

After Financial Aid

2020 Default Rate

0.0543%

on Student Loans

2022 Acceptance Rate

92%

113 Applicants

2022 Enrolled Students

1,230

40.8% Full-Time

About

Florida Institute of Technology-Online is a higher education institution located in Brevard County, FL. In 2022, the most popular Masters Degree concentrations at Florida Institute of Technology-Online were General Management Information Systems (103 degrees awarded), General Business Administration & Management (46 degrees), and Logistics, Materials, & Supply Chain Management (35 degrees).

In 2022, 561 degrees were awarded across all undergraduate and graduate programs at Florida Institute of Technology-Online. 52.6% of these degrees were awarded to women, and 47.4% awarded men. The most common race/ethnicity group of degree recipients was white (282 degrees), 2.64 times more than then the next closest race/ethnicity group, black or african american (107 degrees).

The median undergraduate tuition at Florida Institute of Technology-Online is $12,240, which is $−11,756 less than the national average for Masters Colleges and Universities ($23,996).

In 2020 the default rate for borrower's at Florida Institute of Technology-Online was 0.0543%, corresponding to 1 out of the 1840 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Florida Institute of Technology-Online is $12,240, which is $11,756 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $24,115.

In 2022, 68% 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

$12,240

2022 Undergraduate Tuition

In 2022, the cost of tuition at Florida Institute of Technology-Online was $12,240. The cost of tuition at Florida Institute of Technology-Online is $−11,756 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$24,115

2022 Value

0.749%

1 Year Growth

In 2022 Florida Institute of Technology-Online had an average net price — the price paid after factoring in grants and loans — of $24,115. Between 2021 and 2022, the average net price of Florida Institute of Technology-Online grew by 0.749%.

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

$13,396

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Florida Institute of Technology-Online was of $13,396 in 2022. The cost of room and board increased by 1.64% between 2021 and 2022.

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

68%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

68% of undergraduate students at Florida Institute of Technology-Online received financial aid through grants or loans in 2022. This represents a decline of 4.23% with respect to 2021, 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.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.0543%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Florida Institute of Technology-Online was 0.0543%, which represents 1 out of the 1840 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Florida Institute of Technology-Online received 113 undergraduate applications in 2022, which represents a 23.1% annual growth. Out of those 113 applicants, 104 students were accepted for enrollment, representing a 92% acceptance rate.

There were 1,230 students enrolled at Florida Institute of Technology-Online in 2022. 8% of first-time enrollees submitted SAT scores with their applications.

Florida Institute of Technology-Online has an overall enrollment yield of 38.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92%

Acceptance Rate in 2022

104

Accepted Out of 113

In 2022, the undergraduate acceptance rate of Florida Institute of Technology-Online was 92% (104 admissions from 113 applications). This is lower than the acceptance rate of 2021, which was 100%. Between 2021 and 2022, the number of applicants declined by 23.1%, while admissions declined by 29.3%.

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 (2022)

Scores Submitted (2022)

8% of enrolled first-time students at Florida Institute of Technology-Online in 2022 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 1,230 students in 2022. The full-time enrollment at Florida Institute of Technology-Online is 502 students and the part-time enrollment is 728. This means that 40.8% 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 46.7% White, 18.3% Black or African American, 17% Hispanic or Latino, 4.63% Asian, 2.44% Two or More Races, 0.325% American Indian or Alaska Native, and 0.163% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Florida Institute of Technology-Online in full-time Undergraduate programs are most commonly White Female (31.7%), followed by White Male (17%) and Black or African American Female (12.3%). Students enrolled in full-time Graduate programs are most commonly Asian Male (28.6%), followed by Black or African American Male (14.3%) and Black or African American Female (14.3%).

Full-Time vs Part-Time Enrollment

40.8%

Full-Time Enrollment

The total enrollment at Florida Institute of Technology-Online in 2022, both undergraduate and graduate, is 1,230 students. The full-time enrollment at Florida Institute of Technology-Online is 502 and the part-time enrollment is 728. This means that 40.8% of students enrolled at Florida Institute of Technology-Online are enrolled full-time compared with 67.6% 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

42%

2022 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 42%. 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 (2022)

White
575 enrolled students
Black or African American
225 enrolled students
Hispanic or Latino
209 enrolled students

The enrolled student population at Florida Institute of Technology-Online is 46.7% White, 18.3% Black or African American, 17% Hispanic or Latino, 4.63% Asian, 2.44% Two or More Races, 0.325% American Indian or Alaska Native, and 0.163% Native Hawaiian or Other Pacific Islanders. 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 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 92 students (7.48%) did not report their race.

Graduates

In 2022, 29 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 (282 degrees awarded). There were 2.64 times more white recipients than the next closest race/ethnicity group, black or african american (107 degrees).

The most common Masters Degree concentration at Florida Institute of Technology-Online is General Management Information Systems (103 degrees awarded), followed by General Business Administration & Management (46 degrees) and Logistics, Materials, & Supply Chain Management (35 degrees).

In 2022, 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 (43 degrees awarded), Business (348 degrees), and Psychology (62 degrees).

Common Jobs by Major

Registered nurses

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 Registered nurses (1,531,732 people), Accountants & auditors (1,073,596 people), Other managers (904,738 people), Software developers (683,783 people), and Financial managers (526,868 people).

The most specialized majors at Florida Institute of Technology-Online in 2022 are Transportation (43 degrees awarded), Business (348 degrees), Psychology (62 degrees), Computer and Information Sciences and Support Services (57 degrees), and Health (42 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Personal financial advisors

The most specialized majors at Florida Institute of Technology-Online are Transportation (43 degrees awarded), Business (348 degrees), Psychology (62 degrees), Computer and Information Sciences and Support Services (57 degrees), and Health (42 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,991,172 people), Computer Systems Design (1,105,055 people), Elementary & secondary schools (1,044,133 people), Colleges, universities & professional schools, including junior colleges (678,356 people), and Banking & related activities (567,217 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 (2022)

General Management Information Systems
103 degrees awarded
General Business Administration & Management
46 degrees awarded
Logistics, Materials, & Supply Chain Management
35 degrees awarded

In 2022, the most common masters degree concentration at Florida Institute of Technology-Online was General Management Information Systems with 103 degrees awarded.

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

Sex Breakdown for Common Majors

266

Degrees Awarded to Men

in 2022

295

Degrees Awarded to Women

in 2022

In 2022, 266 degrees were awarded to men at Florida Institute of Technology-Online, which is 0.902 times less than the number of degrees awarded to females (295).

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 2022, 65 degrees were awarded to men at Florida Institute of Technology-Online in General Management Information Systems, which is 1.48 times more than the 44 female recipients with that same degree.

Most Common Female Majors

In 2022, 52 degrees were awarded to men at Florida Institute of Technology-Online in Applied Psychology, which is 5.2 times more than the 10 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
282 degrees awarded
Black or African American
107 degrees awarded
Hispanic or Latino
78 degrees awarded

The most common race/ethnicity at Florida Institute of Technology-Online is white (282 degrees awarded). There were 2.64 times more white recipients than the next closest race/ethnicity group, black or african american (107 degrees).

8.02% of degree recipients (45 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
143 degrees awarded
White Male
139 degrees awarded
Black or African American Female
66 degrees awarded

The most common race/ethnicity and sex grouping at Florida Institute of Technology-Online is white female (143 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (139 degrees).

Operations

Florida Institute of Technology-Online employs 2 Associate professors, 1 Assistant professors. Most academics at Florida Institute of Technology-Online are Female Associate professor (2), Female Assistant professor (1), and Male Associate professor (0).

The most common positions for non-instructional staff at Florida Institute of Technology-Online are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 2 employees, and Office and Administrative Support, with 1 employees.

Salary Expenditure

$1.27M

2022 Salaries

69.2%

decline from 2021

In 2022, Florida Institute of Technology-Online paid a median of $1.27M in salaries, a 69.2% decline from the previous year. This is compared to a 7.17% decline between 2020 and 2021, and a 5.67% decline between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$228k

Instructional Salaries

Number of Employees

In 2022, Florida Institute of Technology-Online paid a total of $228k to 3 employees working as instructors, which represents 17.9% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

2 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

2 Employees

In 2022, the most common positions for instructional staff at Florida Institute of Technology-Online were Associate professor with 2 employees, and Assistant professor with 1 employees.

In 2021, the most common positions for non-instructional staff at Florida Institute of Technology-Online were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 2 employees, Office and Administrative Support with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Associate professor
Female Assistant professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Florida Institute of Technology-Online was Female Associate professor with 2 employees, Female Assistant professor with 1 employees, and Male Associate professor with 0 employees.

This chart shows the sex split between each academic rank present at Florida Institute of Technology-Online.

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