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Cost & financial aid brief

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# Florida Institute of Technology Tuition, Costs & Financial Aid

Updated October 21, 2026

[Overview](/school/florida-institute-of-technology/)Cost & aid[Outcomes](/school/florida-institute-of-technology/outcomes/)[Admissions](/school/florida-institute-of-technology/admissions/)[Majors](/school/florida-institute-of-technology/majors/)[Similar schools](/school/florida-institute-of-technology/similar/)

**On this page**+

## How much does Florida Institute of Technology cost after financial aid?

At Florida Institute of Technology, the published annual budget is $62,440, so even discounted pricing remains a substantial consideration for aid recipients. Tuition and fees account for $45,900, with room and board listed at $15,240.

The average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/), what aid recipients pay after grants and scholarships, is $35,639. Aid reduces the published cost by $26,801 on average.

Comparable institutions of the same type and size have a peer median net price of $27,371, leaving this university $8,268 above that benchmark. Azimuth places the affordability pillar in the 7th percentile among nonprofit four-year institutions.

The above-peer net price and low affordability standing point in the same direction.

Florida Institute of Technology is costly for aid recipients. Its average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/), what aid recipients pay after grants and scholarships, is $35,639, $8,268 above the peer median of $27,371 for comparable institutions (same type and size).

Azimuth puts affordability in the 7th percentile among nonprofit four-year institutions. Band averages run from $29,108 at the lowest income level through $29,213, $31,311, and $36,466, reaching $40,649 at the highest.

Median federal student loan debt for borrowers who completed is $27,000, $2,801 above the $24,199 peer median. Costs and debt both sit above the comparable benchmark.

Prices after grants and scholarships are lowest for aid recipients in the lower income bands and increase across the range. Average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) is $29,108 for families earning under thirty thousand dollars, $29,213 for those earning thirty thousand one dollars to forty-eight thousand dollars, $31,311 for forty-eight thousand one dollars to seventy-five thousand dollars, $36,466 for seventy-five thousand one dollars to one hundred ten thousand dollars, and $40,649 for families earning over one hundred ten thousand dollars.

21.1% of undergraduates receive Pell Grants, providing financial-access context for the lowest band. The spread between the lowest and highest bands is $11,541.

Average net price by family income

**$0–30K**
$29,108

**$30–48K**
$29,213

**$48–75K**
$31,311

**$75–110K**
$36,466

**$110K+**
$40,649

Averages within each income band; individual aid packages vary.

Overall average annual net price: **$35,639**. After grants and scholarships, including living costs. [Source and coverage](#cost-data-notes).

Aid offsets a sizable share of published charges for the average recipient, but the remaining cost varies by family income. Aid covers about 43% of the published cost for the average aid recipient.

The sticker-to-net gap is $26,801 for the average aid recipient. The band averages show lower [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/)s at lower family incomes and higher prices in the upper bands, a pattern consistent with aid being more concentrated toward lower-income recipients.

That pattern describes average pricing across income bands, not any individual award.

The published cost of attendance at Florida Institute of Technology sets the starting price before aid at $62,440. For aid recipients, average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/), what aid recipients pay after grants and scholarships, is $29,108 in the lowest family-income band; $29,213 in the next band; $31,311 in the middle band; $36,466 in the next-highest band; and $40,649 in the highest family-income band.

The spread between the lowest and highest bands is $11,541. Azimuth ranks the university #1,312 for affordability among nonprofit four-year institutions.

Aid covers about 43% of the published cost for the average aid recipient, an offset of $26,801 against the sticker price. Across first-time full-time Title IV aid recipients, the average net price is $35,639.

The peer median net price, the middle value for comparable institutions (same type and size), is $27,371, making the university's average $8,268 above that benchmark. Published tuition and fees are $45,900, with room and board listed at $15,240.

Aid offsets part of the published cost, though the average price remains above the peer median. For borrowers who completed, median federal student loan debt is $27,000, and 84.3% of federal aid recipients borrow federal loans.

That figure is $2,801 above the $24,199 peer median debt at comparable institutions (same type and size). That debt corresponds to an estimated payment of $307 a month if repaid over ten years.

Median [Parent PLUS](/analysis/ou-what-happens-when-parents-borrow-too/) borrowing for parent borrowers is $29,276.

## Student loans: what does repayment look like?

Federal borrowing is widespread at Florida Institute of Technology, and the typical debt figure sits above that of comparable schools. 84.3% of federal aid recipients take federal loans.

Among federal-loan borrowers who complete, median federal student loan debt is $27,000. The peer median, the middle value for comparable institutions (same type and size), is $24,199.

Florida Institute of Technology's median is $2,801 above that benchmark. For the separate parent-borrower population, median [Parent PLUS](/analysis/ou-what-happens-when-parents-borrow-too/) borrowing is $29,276.

The borrower share and above-peer median point to a debt picture that merits attention alongside the school's earnings figures.

Florida Institute of Technology pairs earnings well above the model’s expectation with borrowing above its comparable-school benchmark. Among federally aided completers who are working and not enrolled, median earnings are $90,403 four years after completion.

That figure places the university in the 94th percentile among nonprofit four-year institutions. [Earnings beyond expectations](/analysis/a-value-added-approach-to-college-outcomes/), the gap between what graduates earn and what the model expects for similar students, are also high.

Graduates earn about $27,474 more than the model expects for similar students. Azimuth places that measure in the 99th percentile among nonprofit four-year institutions.

The earnings scenarios set earnings at $59,365 in a downside case and $99,044 in an upside case, with the typical scenario at the median-earnings level. Median federal student debt is $27,000, which is $2,801 above the peer median of $24,199, the middle value for comparable institutions (same type and size).

That debt corresponds to an estimated payment of $307 a month if repaid over ten years. High earnings and above-expected results point one way, while debt above the peer median pulls the other.

Parent borrowers have median [Parent PLUS](/analysis/ou-what-happens-when-parents-borrow-too/) borrowing of $29,276, separate from federal student borrowing. For borrowers at the median federal debt, that debt corresponds to an estimated payment of $307 a month if repaid over ten years.

[Repayment figures](#combined-borrowing) are in the Financial GPS card below. [Borrowing populations and model assumptions](#cost-data-notes).

## Parent loans: what can the family afford?

[How Parent PLUS borrowing affects families](/analysis/ou-what-happens-when-parents-borrow-too/)

**Median Parent PLUS debt**
$29,276

**Estimated parent payment**
$372/mo

Modeled Parent PLUS pressure by income

| Household income | Share of income above basic expenses | Risk level |
| --- | --- | --- |
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 21.9% | High pressure |
| $100,000 | 9.8% | Caution |
| $150,000 | 4.7% | Safe |
| $200,000 | 3.1% | Safe |

The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. [Open the parent tool for your own numbers](/financial-gps/?tool=parent&school=florida-institute-of-technology#parent-tool). [Read the assumptions and limits](#cost-data-notes).

## Student and parent loans: the monthly payments

Financial GPS

### What does repayment look like?

**Institution median student debt**
$27,000

**Institution Parent PLUS debt**
$29,276

Federal loans only; private or institutional loans aren’t included.

**Estimated student payment · monthly**
$307/mo

**Estimated Parent PLUS payment · monthly**
$372/mo

**Modeled student + parent payments**
$679/mo

Payments use school-wide median balances, not a specific major’s.

#### Student payment as a share of available income

At median graduate earnings of $90,403, with a $23,940 annual allowance for basic expenses:

**5.5%** of income above the allowance · Excellent

1.  Excellent Under 8% · selected scenario
2.  Good 8–under 12%
3.  Concerning 12–20%
4.  High risk Over 20%

How this estimate works

These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.

[Read the framework and its limits](/analysis/financial-gps-framework/).

Payment assumptions

Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.

[Explore your own numbers in Financial GPS](/financial-gps/?tool=student&school=florida-institute-of-technology#student-tool)

## Data & methodology

Sources and reporting periods: [methodology](/methodology/).

Analysis and methodology by [Daniel Rogers](/about/#founder), founder of College Azimuth.

Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.

Figure notes link to sources and limitations. [About College Azimuth](/about/).

**Net price and borrowing.** The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. [College Scorecard data and documentation](https://collegescorecard.ed.gov/data/).

A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.

Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.