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Florida Institute of Technology
Melbourne, FL 3,235 Undergrads 64.9% Grad Rate
Total Cost
$60,387
Sticker Price
Avg Net Price
$35,300
After Aid
Median Earnings
$43,137
10yr Post-Entry
Vs. Peer Institutions
Net Price$35,300
Peer Midpoint: $19,729.5
Earnings (10yr)$43,137
Peer Midpoint: $53,747
Graduation Rate64.9%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients21.9%
Enrollment Status
Full-Time96.5%
Economic Outcomes
Earn More than HS66.7%
Admissions Profile
Acceptance
62.5%
SAT Avg
1,213
SAT Reading
25th: 57062075th: 660
SAT Math
25th: 56062075th: 660
ACT Composite
25th: 232775th: 28
ROI Sensitivity Analysis
This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.
Lifetime Value Added (NPV)
Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$381k
-$15k
-$103k
Median Cost$35k/yr
+$254k
-$142k
-$230k
Full Cost$60k/yr
+$164k
-$233k
-$321k
ROI Efficiency Metrics
Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$35k/yr
Never
-181%
Full Cost$60k/yr
Never
-147%
Analysis Assumptions:
- Starting Salary: Estimated from the 10-year median earnings (assuming 2% annual growth from graduation).
- Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
- Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
- NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.
Social Impact ROINew
Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.
Donor Return-173%
Gov. Pell Grant ROINew
Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.
Taxpayer Return-107%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.
Program ROI Analysis
Bachelor's Degrees
Accounting and Related Services
BachCIP: 5203
Median Debt
$33,685
Earnings (5yr)
$48,933
Lifetime Value Added
-$175k
Aerospace, Aeronautical and Astronautical Engineering
BachCIP: 1402
Median Debt
$24,976
Earnings (5yr)
$99,429
Lifetime Value Added
+$212k
Air Transportation
BachCIP: 4901
Median Debt
$27,000
Earnings (5yr)
$78,035
Lifetime Value Added
+$52k
Atmospheric Sciences and Meteorology
BachCIP: 4004
Median Debt
-
Earnings (2yr)
$30,366
Lifetime Value Added
-$316k
Biology, General
BachCIP: 2601
Median Debt
$24,250
Earnings (5yr)
$79,013
Lifetime Value Added
+$59k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$34,374
Earnings (5yr)
$66,289
Lifetime Value Added
-$36k
Chemical Engineering
BachCIP: 1407
Median Debt
$27,000
Earnings (5yr)
$111,234
Lifetime Value Added
+$300k
Civil Engineering
BachCIP: 1408
Median Debt
-
Earnings (5yr)
$77,488
Lifetime Value Added
+$48k
Clinical, Counseling and Applied Psychology
BachCIP: 4228
Median Debt
$27,205
Earnings (5yr)
$48,721
Lifetime Value Added
-$177k
Computer Engineering
BachCIP: 1409
Median Debt
$24,625
Earnings (5yr)
$100,548
Lifetime Value Added
+$221k
Computer Science
BachCIP: 1107
Median Debt
$27,000
Earnings (5yr)
$118,106
Lifetime Value Added
+$352k
Ecology, Evolution, Systematics, and Population Biology
BachCIP: 2613
Median Debt
-
Earnings (5yr)
$40,276
Lifetime Value Added
-$247k
Electrical, Electronics and Communications Engineering
BachCIP: 1410
Median Debt
-
Earnings (5yr)
$99,940
Lifetime Value Added
+$216k
Health and Medical Administrative Services
BachCIP: 5107
Median Debt
$50,351
Earnings (5yr)
$42,362
Lifetime Value Added
-$230k
Information Science/Studies
BachCIP: 1104
Median Debt
$48,000
Earnings (5yr)
$104,378
Lifetime Value Added
+$249k
Mechanical Engineering
BachCIP: 1419
Median Debt
$26,782
Earnings (5yr)
$93,714
Lifetime Value Added
+$170k
Ocean Engineering
BachCIP: 1424
Median Debt
$27,000
Earnings (5yr)
$93,498
Lifetime Value Added
+$168k
Psychology, General
BachCIP: 4201
Median Debt
-
Earnings (5yr)
$36,233
Lifetime Value Added
-$282k
Master's Degrees
Accounting and Related Services
MastCIP: 5203
Median Debt
$41,000
Earnings (5yr)
$77,501
Lifetime Value Added
+$181k
Air Transportation
MastCIP: 4901
Median Debt
-
Earnings (5yr)
$101,156
Lifetime Value Added
+$384k
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
$37,584
Earnings (5yr)
$103,547
Lifetime Value Added
+$405k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
$20,500
Earnings (5yr)
$80,426
Lifetime Value Added
+$206k
Engineering-Related Fields
MastCIP: 1515
Median Debt
-
Earnings (5yr)
$119,507
Lifetime Value Added
+$541k
Health and Medical Administrative Services
MastCIP: 5107
Median Debt
$41,000
Earnings (5yr)
$90,047
Lifetime Value Added
+$289k
Human Resources Management and Services
MastCIP: 5210
Median Debt
-
Earnings (5yr)
$67,247
Lifetime Value Added
+$93k
Information Science/Studies
MastCIP: 1104
Median Debt
-
Earnings (5yr)
$111,846
Lifetime Value Added
+$476k
Management Information Systems and Services
MastCIP: 5212
Median Debt
$37,584
Earnings (5yr)
$86,838
Lifetime Value Added
+$261k
Marketing
MastCIP: 5214
Median Debt
-
Earnings (5yr)
$63,868
Lifetime Value Added
+$63k
Doctoral Degrees
Clinical, Counseling and Applied Psychology
DocCIP: 4228
Median Debt
$187,256
Earnings (5yr)
$95,054
Lifetime Value Added
+$133k
Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate, accounting for this institution's average cost and taxes. Computed over a career to retirement age.
For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate degree decision moving forward. These Lifetime Value Added results should not be compared with those Undergraduate Certificates, Associates or Bachelors starting at age 18.