Melbourne, FL · Private · Every figure is for a student starting in fall 2027. We work each one out again whenever we update the site.

How to pay for Florida Institute of Technology

What a year costs here, what brings it down, and what a SmartTuition plan could save a family like yours.

Paying for four years here

Household income
Saved for college

Four years here, after grants

$147,799

A SmartTuition plan could save a family like this about $8,300.

A SmartTuition plan shows what to pay from where, each semester, using your own numbers.

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A family of four with good credit and $500 a month for college. How we worked these out ↓

A year at Florida Institute of Technology

Full price$64,507
After grants, at your income$32,975

99% of first-year students here got a grant or scholarship from the college in 2023-24, $20,714 on average.

At this income, 26 of Florida's other 32 colleges cost less after grants, and 6 cost more. See them all →

What can bring it down

Merit scholarships. In state: A Florida student who qualifies for the Bright Futures Academic Scholars award can be considered for the Distinguished Scholar Award. It covers full tuition and the facilities, activities and technology fees, and the deadline is February 1 (and 3 more below).

Pay less for college

A SmartTuition plan shows what to pay from where, each semester.

At Florida Institute of Technology, our scenarios for Florida households with good parent credit show a SmartTuition plan saving a median of about $6,200 over four years. How we worked this out ↓

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Merit scholarships

What Florida Institute of Technology says it awards for grades and test scores.

  • In state: a Florida student who qualifies for the Bright Futures Academic Scholars award can be considered for the Distinguished Scholar Award. It covers full tuition and the facilities, activities and technology fees, and the deadline is February 1.

    Source

  • In state: the Boundless Opportunity Grant pays tuition and three fees, with other aid, for Pell-eligible students from Brevard, Indian River, Osceola or Volusia County who qualify for Bright Futures. It renews for up to 4 years.

    Source

  • All first-time full-time applicants are considered for a merit scholarship, set at admission by weighted GPA and test scores. It renews for up to 9 semesters. The page prints no amounts.

    Source

  • Four grants of $2,500 stack with merit awards: for Eagle or Gold Award scouts, members of a robotics team, children of alumni, and students with a sibling enrolled. Each renews for up to 4 years.

    Source

How we worked these out

The family

A family of four with good parent credit and $500 a month to put toward college, and the savings you pick. In state, the grants are what Florida Institute of Technology reports families at that income got, on average. Your own will differ, and a family with no aid pays close to the full price.

What a SmartTuition plan saves

The difference, over four years, between a SmartTuition plan and the standard approach: savings first, then loans for the rest. It counts loan interest and the federal tax credit.

The $6,200 in the “Pay less for college” box near the top of this page is the median saving in Florida Institute of Technology's own scenarios. Each scenario is a household that lives in Florida, with an income from $45,000 to $200,000 and savings of none, $40,000 or $100,000 in a 529. We price Florida Institute of Technology at the aid it reports for that income.

Every scenario has parents with good credit and $500 a month toward college. The card above uses the same two. A scenario where the parents would borrow more than $65,000 is left out.

The prices by income

  • They describe students who got aid.
  • “Over $110,000” has no upper limit, so it averages families just over $110,000 with far wealthier ones. A family at $115,000 should expect to pay less than it shows.
  • Each range is reported on its own, so the prices do not always rise with income.

Grants from the college

How many first-year students got a grant from Florida Institute of Technology, and the average, are the Department of Education's figures for full-time students who started in 2023-24. They cover every income. The prices after grants already count these grants, so don't take them off again. The Department of Education's page for Florida Institute of Technology →

Where the prices come from

Where the prices come from: Florida Institute of Technology's own 2026-27 tuition, fees, housing, food and books, from its website, carried forward to 2027 at 4.0% a year. The grants are the U.S. Department of Education's College Scorecard (2025-26 figures), carried forward the same way. Each price after grants is the cost less those grants. The average price after grants counts the students who get federal aid. Your own figure will be different.

SmartTuition.ai is not affiliated with, endorsed by, or sponsored by Florida Institute of Technology. Aid policies change; check current terms with the college's aid office.

Nearby at your income

What each college charges, less the average grant for your income. Every Florida college →