Florida Institute of Technology-Online

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2016 Undergraduate Tuition

$12,240

0% growth from 2015

2015 Student Loan

8.55%

Default Rate

2016 Enrolled Students

2,774

38.9% Full-Time

About

Florida Institute of Technology-Online is a higher education institution located in Brevard County, FL. In 2016, the most popular Bachelor's Degree concentrations at Florida Institute of Technology-Online were Applied Psychology (58 degrees awarded), Information Science (52 degrees), and General Business Administration & Management (52 degrees).

In 2016, 822 degrees were awarded across all undergraduate and graduate programs at Florida Institute of Technology-Online. 50.2% of these degrees were awarded to women, and 49.8% awarded men. The majority of degree recipients were white (435 degrees), 2.75 times more than then the next closest race/ethnicity group, black or african american (158 degrees).

The median undergraduate tuition at Florida Institute of Technology-Online is $12,240, which is $-7,920 less than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Florida Institute of Technology-Online is $12,240, which is $-7,920 less than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $N/A.

In 2016, 76% of undergraduate students received federal grants, while 71% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$12,240

2016 Undergraduate Tuition

In 2016, the cost of tuition at Florida Institute of Technology-Online was $12,240. The cost of tuition at Florida Institute of Technology-Online is $-7,920 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$N/A

2016 Value

0%

1 Year Growth

In 2016 Florida Institute of Technology-Online had an average net price — the price paid after factoring in grants and loans — of $N/A. Between 2015 and 2016, the average net price of Florida Institute of Technology-Online grew by 0%.

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.

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Other Student Expenses

$N/A

Room and Board

$N/A

Books and Supplies

The average yearly cost of room and board at Florida Institute of Technology-Online was of $N/A in N/A. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board N/A between N/A and N/A. The cost of books and supplies remained the same by NaNk% during the same period.

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

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Financial Aid

Financial Aid by Income Level

76%

Of Undergraduates Receive Grants

71%

Of Undergraduates Receive Federal Loans

76% of undergraduate students at Florida Institute of Technology-Online received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 76% 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.

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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.

8.55%

2015 Default Rate

264

Number of Defaults

In 2015 the default rate for borrower's at Florida Institute of Technology-Online was 8.55%, which represents 264 out of the 3089 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.

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Admissions

Florida Institute of Technology-Online received N/A undergraduate applications in N/A, which represents a 0% annual growth. Out of those N/A applicants, N/A students were accepted for enrollment, representing a N/A% acceptance rate.

There were 2,774 students enrolled at Florida Institute of Technology-Online in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

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

Acceptance Rate

N/A%

Acceptance Rate in N/A

N/A

Accepted Out of N/A

In N/A, the undergraduate acceptance rate of Florida Institute of Technology-Online was N/A% (N/A admissions from N/A applications). This is approximately the same as the acceptance rate of N/A, which was N/A%. Between N/A and N/A, the number of applicants stayed by N/A%, while admissions stayed by N/A%.

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

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

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

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Florida Institute of Technology-Online has a total enrollment of 2,774 students. The full-time enrollment at Florida Institute of Technology-Online is 1,079 students and the part-time enrollment is 1,695. This means that 38.9% 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 51.5% White, 21.6% Black or African American, 11.3% Hispanic or Latino, 2.92% Asian, 0.865% American Indian or Alaska Native, 0.613% Native Hawaiian or Other Pacific Islanders, and 0.036% Two or More Races.

Students enrolled at Florida Institute of Technology-Online in full-time Undergraduate programs are majority White Female (30.6%), followed by White Male (23.8%) and Black or African American Female (12.7%). Students enrolled in full-time Graduate programs are majority White Male (40%), followed by Black or African American Female (20%) and Black or African American Male (20%).

Full-Time vs Part-Time Enrollment

38.9%

Full-Time Enrollment

The total enrollment at Florida Institute of Technology-Online, both undergraduate and graduate, is 2,774 students. The full-time enrollment at Florida Institute of Technology-Online is 1,079 and the part-time enrollment is 1,695. This means that 38.9% of students enrolled at Florida Institute of Technology-Online are enrolled full-time compared with 68.7% 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.

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Retention Rate over Time

N/A%

N/A 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 N/A%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Florida Institute of Technology-Online had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,428

  2. Black or African American

    599

  3. Hispanic or Latino

    313

The enrolled student population at Florida Institute of Technology-Online is 51.5% White, 21.6% Black or African American, 11.3% Hispanic or Latino, 2.92% Asian, 0.865% American Indian or Alaska Native, 0.613% Native Hawaiian or Other Pacific Islanders, and 0.036% Two or More Races. 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 278 students (10%) did not report their race.

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Graduates

In 2016, 4 more women than men received degrees from Florida Institute of Technology-Online. The majority of degree recipients at Florida Institute of Technology-Online are white (435 degrees awarded). There were 2.75 times more white graduates than the next closest race/ethnicity group, black or african american (158 degrees).

The most common Bachelor's Degree concentration at Florida Institute of Technology-Online is Applied Psychology (58 degrees awarded), followed by Information Science (52 degrees) and General Business Administration & Management (52 degrees).

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 Business (531 degrees awarded), Computer and Information Sciences and Support Services (90 degrees), and Psychology (73 degrees).

Workforce

Common Jobs by Major

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 (1,354,833 people), Accountants & auditors (1,124,946 people), Miscellaneous managers (944,399 people), Software developers, applications & systems software (525,247 people), and Financial managers (455,044 people).

The most specialized majors at Florida Institute of Technology-Online are Business (531 degrees awarded), Computer and Information Sciences and Support Services (90 degrees), Psychology (73 degrees), Protective Services (32 degrees), and Health (83 degrees).

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Highest Paying Jobs by Major

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, Securities, commodities, & financial services sales agents, Chief executives & legislators, Dentists, and Aircraft pilots & flight engineers

The most specialized majors at Florida Institute of Technology-Online are Business (531 degrees awarded), Computer and Information Sciences and Support Services (90 degrees), Psychology (73 degrees), Protective Services (32 degrees), and Health (83 degrees).

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Common Industries by Major

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 Hospitals (1,908,663 people), Elementary & secondary schools (951,564 people), Computer Systems Design (915,429 people), Insurance carriers & related activities (732,655 people), and Colleges, universities & professional schools, including junior colleges (607,010 people).

The most specialized majors at Florida Institute of Technology-Online are Business (531 degrees awarded), Computer and Information Sciences and Support Services (90 degrees), Psychology (73 degrees), Protective Services (32 degrees), and Health (83 degrees).

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Degrees

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

  1. 58 degrees awarded

  2. 52 degrees awarded

  3. 52 degrees awarded

In 2016, the most common bachelors degree concentration at Florida Institute of Technology-Online was Applied Psychology with 58 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 409

  2. 413

In 2016, 409 degrees were awarded to men at Florida Institute of Technology-Online, which is 0.99 times less than the number of degrees awarded to females (413).

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

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Most Common Male Majors

In 2016, 84 degrees were awarded to men at Florida Institute of Technology-Online in General Management Information Systems, which is 1.65 times more than the 51 female recipients with that same degree.

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Most Common Female Majors

In 2016, 73 degrees were awarded to women at Florida Institute of Technology-Online in General Business Administration & Management, which is 0.973 times less than the 75 male recipients with that same degree.

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Time to Complete

N/A%

100% Completion Time

N/A%

150% Completion Time

In N/A, N/A% of students graduating from Florida Institute of Technology-Online completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, N/A% completed their degrees within 150% of the normal time, and N/A% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Florida Institute of Technology-Online is N/A and N/A (N/A% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    435 degrees awarded

  2. Black or African American

    158 degrees awarded

  3. Unknown

    90 degrees awarded

The most common race/ethnicity at Florida Institute of Technology-Online is white (435 degrees awarded). There were 2.75 times more white recipients than the next closest race/ethnicity group, black or african american (158 degrees).

10.9% of degree recipients (90 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    220 degrees awarded

  2. White Female

    215 degrees awarded

  3. Black or African American Female

    93 degrees awarded

The most common race/ethnicity and gender grouping at Florida Institute of Technology-Online is white male (220 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (215 degrees).

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Operations

Florida Institute of Technology-Online has an endowment valued at nearly $N/A, as of the end of the 2015 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Florida Institute of Technology-Online had a total expenditure of $N/A. Of that $N/A, they spent $6.25M on salaries and $N/A on benefits.

Florida Institute of Technology-Online employs 3 Instructors, 3 Assistant professors, and 2 Associate professors. Most academics at Florida Institute of Technology-Online are Male Assistant professors (3), Male Instructors(2), and Female Associate professors (2).

The most common positions for non-instructional staff at Florida Institute of Technology-Online are: Office and Administrative Support, with 32 employees, Management, with 8 employees, and Computer, Engineering, and Science with 4 employees.

Finances

Endowment

$N/A

2015 Endowment

0%

growth from 2014

Florida Institute of Technology-Online has an endowment valued at about $N/A, as of the end of the 2015 fiscal year. The endowment of Florida Institute of Technology-Online stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Florida Institute of Technology-Online (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Florida Institute of Technology-Online received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$6.25M

Salary Expenditure

$N/A

Benefits Expenditure

In 2015, Florida Institute of Technology-Online had a total expenditure of $N/A. Of that $N/A, they spent $6.25M on salaries and $N/A on benefits.

The bar chart shows the share of the primary expenses at Florida Institute of Technology-Online over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Florida Institute of Technology-Online as a share of total expenditure.

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Salary Expenditure

$6.25M

2015 Salaries

3.15%

decline from 2014

In 2015, Florida Institute of Technology-Online paid a median of $6.25M in salaries, which represents N/A% of their overall expenditure ($N/A) and a 3.15% decline from the previous year. This is compared to a 0.304% growth from 2013 and a 1.97% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$565k

Instructional Salaries

7

Number of Employees

In 2015, Florida Institute of Technology-Online paid a total of $565k to 7 employees working as instructors, which represents 9.05% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

3 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

32 Employees

In 2016, the most common positions for instructional staff at Florida Institute of Technology-Online were Instructor with 3 employees; Assistant professor with 3 employees; and Assistant professor with 2 employees.

In 2016, the most common positions for non-instructional staff at Florida Institute of Technology-Online were Office and Administrative Support with 32 employees; Management with 8 employees; and Computer, Engineering, and Science with 4 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Assistant professor

  2. Male Instructor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Florida Institute of Technology-Online was Male Assistant professor with 3 employees, Male Instructor with 2 employees, and Female Associate professor with 2 employees.

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

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