Bachelor's · Melbourne, Florida
Is Aerospace, Aeronautical, and Astronautical/Space Engineering at Florida Institute of Technology worth it?
Medium confidence Medium confidence: 40–99 graduates behind the earnings figures.
The verdict · all families, in-state, half paid with loans
Pays back in time: graduates typically recover the cost in about 3.9 years.
- Earnings 1 year after graduating
- $79,588
- Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
- Earnings 4 years after graduating
- $104,206
- Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
- Typical federal debt at graduation
- $27,000
- NSLDS pooled AY2022-23, AY2023-24 cohort
- Net cost to graduate, all families
- $155k (likely $155k – $207k)
- AcadYr 2024-25, reported in IPEDS DCY2025-26
- Earnings bump, year 4
- $68k a year vs high-school graduates aged 25–34 in FL
- 2023 ACS 5-year pooled, adjusted to 2024 dollars
- Payback
- 3.9 years (likely 3.3–4.7)
- Bump vs net cost plus loan interest
- 10-year net return
- $290k (likely $175k – $422k)
- Today's dollars
- 20-year net return
- $1.09M (likely $841k – $1.37M)
- Today's dollars
- Odds of finishing (school-wide)
- 59%
- Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26
Change income, residency or loans Compare Aerospace, Aeronautical, and Astronautical/Space Engineering at other schools
🏗️ Getting ready in high school
Students heading toward engineering & architecture majors like this one often take these classes. Every school offers a different mix, so check with your counselor.
AP classes
- AP Calculus AB or BC
- AP Physics 1
- AP Physics C: Mechanics
- AP Chemistry
IB Higher Level
- Mathematics: Analysis and Approaches HL
- Physics HL
Build my roadmap 🗺️ Middle school to career, plus high schools near you that offer these classes.
Other majors at Florida Institute of Technology
- Systems Engineering (Master's)$149,291
- Computer/Information Technology Administration and Management (Master's)$144,218
- Information Science/Studies (Master's)$139,174
- Engineering-Related Fields (Master's)$131,919
- Military Applied Sciences (Master's)$130,197
- Aerospace, Aeronautical, and Astronautical/Space Engineering (Master's)$130,016
- Management Sciences and Quantitative Methods (Master's)$125,197
- Clinical, Counseling and Applied Psychology (Doctoral)$114,742
- Management Information Systems and Services (Master's)$107,902
- Business Administration, Management and Operations (Master's)$107,776
- Computer Engineering (Bachelor's)$106,431
- Chemical Engineering (Bachelor's)$99,312