Florida Tech's tuition & fees has increased from $37,990 (2014) to $44,360 (2024), and the rate of tuition increase is 16.77% over the past 10 years. The graduate school tuition & fees has raised from $21,472 (year 2014) to $23,280 (year 2024).
Florida Tech's tuition increase rate is higher than the Florida's average increase rate of 0.09%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 14.83% from 2014 ($55,300).
For the current academic year 2023-2024, Florida Tech's COA is $63,500, which is increased by 4.07% from last year.
The following table and chart show changes to Florida Tech's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 16.77% for the last 10 years , and the 2024 tuition & fees are $44,360. The following table and chart show the tuition & fees changes at Florida Institute of Technology over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,200, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $1,200 | |
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| 2020-21 | $1,200 | |
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| 2021-22 | $1,200 | |
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| 2022-23 | $1,200 | |
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| 2023-24 | $1,200 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 7.36% when a student lives on-campus facilities and 7.36% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Florida Institute of Technology.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $16,110 | $16,110 | - |
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| 2015-16 | $16,500 | $16,500 | 2.42% |
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| 2016-17 | $16,610 | $16,610 | 0.67% |
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| 2017-18 | $17,210 | $17,210 | 3.61% |
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| 2018-19 | $16,480 | $16,480 | -4.24% |
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| 2019-20 | $16,480 | $16,480 | |
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| 2020-21 | $14,000 | $16,780 | -15.05% |
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| 2021-22 | $14,088 | $16,996 | 0.63% |
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| 2022-23 | $16,146 | $15,940 | 14.61% |
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| 2023-24 | $17,940 | $17,940 | 11.11% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Florida Institute of Technology and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Florida Institute of Technology | $44,360 | $43,670 | 1.58% |
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| Nova Southeastern University | $37,080 | $36,300 | 2.15% |
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|
| University of Miami | $59,926 | $57,194 | 4.78% |
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|
| Keiser University-Ft Lauderdale | $24,136 | $23,248 | 3.82% |
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| Embry-Riddle Aeronautical University-Worldwide | $11,665 | $11,185 | 4.29% |
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| The University of Tampa | $33,424 | $32,218 | 3.74% |
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