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Florida Tech scholarships and merit aid

Two prices: the posted one, and yours.

Posted price$68,512per year · 2026-2027 · cost of attendance
Yours?depends on the rules below

The short answer

Florida Tech awards automatic merit on admission. Florida Tech does not publish a GPA or test chart, so you cannot self-calculate the dollars.

Where does your student land?

Verified Jul 2026
3 school sources to explore

Published rules, with the school sources close at hand. Confirm the details before you count on an award.

The award collection

Published scholarships

These amounts and requirements come from the school’s own published pages. Open an award to see who qualifies and how to keep it.

Where does your student land?

  1. Florida Tech Merit ScholarshipAmount not publishedAutomaticRenewable
    Published awardAcademic thresholds

    Florida Tech Merit Scholarship

    Amount not published

    Published award termsAll published eligibility conditions still apply. Confirm the policy year with the school.

    GPA
    Based on weighted high-school GPA
    SAT
    Considered (ACT/SAT/CLT)
    ACT
    Considered (ACT/SAT/CLT)
    RenewableCheck the conditions
    Open award details for Florida Tech Merit Scholarship

    Who qualifies

    All in-state, out-of-state and international first-time full-time applicants considered automatically

    How to keep it

    Renewable for up to 9 semesters; per the renewal table the 'Florida Tech Scholarship' requires a 2.00 cumulative GPA and successful completion of 75% of enrolled courses cumulatively.

    Worth knowing

    Dollar amount is determined at the time of admission and is NOT published; do not guess a figure.

  2. Panther Distinguished Scholar AwardFull tuition plus facilities, activities, and technology feesNot automaticRenewable
    Published awardOther selection criteria

    Panther Distinguished Scholar Award

    Full tuition plus facilities, activities, and technology fees

    Published coverage or packageNot recorded as automatic on grades and scores. Read the selection rules. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Panther Distinguished Scholar Award

    Who qualifies

    Florida resident AND U.S. citizen/eligible non-citizen; must qualify for Bright Futures Florida Academic Scholars (FAS); Florida Financial Aid Application completed while in high school; FAFSA listing FIT (001469) by Feb 1; admitted by Feb 1; separate Distinguished Scholar application online by Feb 1

    How to keep it

    Renewal table requires 3.00 cumulative GPA and 12 hours/term (or pass all remaining hours after a withdrawal); complete 75% of enrolled courses cumulatively.

    Worth knowing

    Covers full TUITION plus specific fees — NOT full cost of attendance and NOT housing/food. Triple-gated: residency + Bright Futures FAS + a separate Feb 1 application.

  3. Farmer Scholars ProgramFull tuition, housing and meals, and fees (full ride; 1 student/year)Not automaticRenewable
    Published awardOther selection criteria

    Farmer Scholars Program

    Full tuition, housing and meals, and fees (full ride; 1 student/year)

    Published coverage or packageNot recorded as automatic on grades and scores. Read the selection rules. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Farmer Scholars Program

    Who qualifies

    One exceptionally qualified student selected annually

    How to keep it

    Renewal table requires 3.00 cumulative GPA and 12 hours/term (or pass all remaining hours after a withdrawal); complete 75% of enrolled courses cumulatively.

    Worth knowing

    This is the only true full-ride at FIT (tuition + housing + meals + fees), distinct from the tuition-only Panther Distinguished award.

  4. Florida Tech Ethics Competition Scholarships$12,000 guaranteed minimum annual aid + up to $4,000 additional grant for 1st-4th placeNot automaticRenewable
    Published awardOther selection criteria

    Florida Tech Ethics Competition Scholarships

    $12,000 guaranteed minimum annual aid + up to $4,000 additional grant for 1st-4th place

    Variable or qualified amountNot recorded as automatic on grades and scores. Read the selection rules. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Florida Tech Ethics Competition Scholarships

    Who qualifies

    Participate in the Business Ethics Competition; meet Florida Tech admissions requirements

    Worth knowing

    All participants get the $12,000 minimum aid offer; placers get more.

  5. Florida Tech Transfer ScholarshipAmount not publishedAutomaticRenewable
    Published awardAcademic thresholds

    Florida Tech Transfer Scholarship

    Amount not published

    Published award termsAll published eligibility conditions still apply. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Florida Tech Transfer Scholarship

    Who qualifies

    All in-state, out-of-state or international transfer applicants considered; based on college-level academic performance

    How to keep it

    Renewable for up to 3 years; renewal table requires 2.00 cumulative GPA and 75% cumulative completion.

    Worth knowing

    Transfer-specific track distinct from the first-year merit award; dollar amount not published.

  6. Florida Tech Phi Theta Kappa Scholarship (PTK)$2,500Not automaticRenewable
    Published awardOther selection criteria

    Florida Tech Phi Theta Kappa Scholarship (PTK)

    $2,500

    Published amountNot recorded as automatic on grades and scores. Read the selection rules. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Florida Tech Phi Theta Kappa Scholarship (PTK)

    Who qualifies

    Transfer students who are PTK members; proof of membership in admissions application

    How to keep it

    Renewable for up to 3 years; 2.00 cumulative GPA per renewal table.

    Worth knowing

    Stackable with other Florida Tech Scholarships.

Lights up against Florida Tech's published cutoffs. Not an award offer; confirm with the financial aid office.

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  • “it told me what to ask and what the renewal GPA looked like, which I was not going to find on my own”Melissa

The fine print

Outside awardsGrant-first displacement = outside wins can pay the school

Florida Tech reduces institutional grant before any other aid line when an outside award arrives. A $5,000 community-foundation win can leave the family bill unchanged.

Clemente Center at Florida Institute Of Technology

Clemente Center at Florida Institute Of Technology

What makes Florida Tech different

Every applicant is auto-considered for a merit scholarship based on GPA and test scores, but Florida Tech does NOT publish the dollar amounts — they are set individually at admission, so the figure is unknowable from the public pages.

Merit tiers62 based on grades or scores
Research checkedJul 2026By our research team

More than one award path

Separate the two paths.

Some awards use published academic thresholds. Others have different selection criteria. A score chart does not describe every award at this school.

  1. Match the published criteria

    Use all requirements together, including residency and the entering class.

  2. Check the application dates

    Confirm the current admission and scholarship deadlines directly with the school.

  3. Know what happens next year

    Check renewal, credit requirements and how other aid affects the award.

The fine print / Three questions to carry forward

Before you count on it.

Does it apply to us? Confirm the entering year, residency and every eligibility condition.

Can we keep it? Check renewal GPA, credits and how long the award lasts.

Can we combine it? Ask how outside scholarships and other school awards change the offer.

Take Florida Tech's decision sheet

A printable research summary, source links and room for your questions.

See what could change an award

Straight from the aid office

What Florida Tech's aid office says

Per the Office of Financial Aid, Florida Institute of Technology, August 2026. How we verify

Merit scholarship basis

What are Merit Scholarships based on?

Merit Scholarships are based on GPA and test scores.

“Our Merit Scholarships are based on GPA and test scores”
Updating test score before admission decision

If my son raises his SAT score before his admission is finalized, could it affect his scholarship?

If a student improves his score before his admissions application is finalized, it could impact his scholarship.

“so if he increases his score before his admissions application is finalized it could impact his scholarship”
Scholarship offer after admission is finalized

Can the scholarship offer change after admission is finalized?

Once admission is finalized, the scholarship offer is set and is not modified.

“Once his admission is finalized, the scholarship offer is set and is not modified.”

What families often miss

  1. The Florida Tech Merit Scholarship amount is 'Determined at the time of admission' and is not published anywhere on the public pages; the only way to learn the number is to apply or use the net price calculator.

  2. It covers full TUITION plus facilities, activities, and technology fees only — not housing, food, or full cost of attendance. Only the Farmer Scholarship (1 student/year) is a true full ride.

  3. It requires Florida residency + U.S. citizenship/eligibility, qualifying for Bright Futures Florida Academic Scholars, a Florida Financial Aid Application filed while in high school, a FAFSA by Feb 1, admission by Feb 1, AND a separate Distinguished Scholar application by Feb 1 — miss any one and you lose it.

  4. The general Florida Tech Scholarship renews at a 2.00 cumulative GPA, but the Panther Distinguished and Farmer awards require a 3.00 cumulative GPA — a real cliff for top-award holders.

  5. Flat-rate tuition varies by major: Engineering/Science is $47,560 tuition ($68,512 COA) while Humanities/Business/Psychology and Flight are $44,740 tuition; Flight adds ~$19,800/yr flight fees ($85,426 COA).

See costs and school data

Who this school may work for

Strong-stats students who will run the net price calculator or apply to learn their actual number, plus Florida residents who qualify for Bright Futures Florida Academic Scholars (the gateway to the full-tuition Panther Distinguished award).

Published yearly cost: Approximately $68,512 for 2026-2027. Source

Cost and graduation facts

Federal reporting on who actually enrolls at Florida Tech, what they paid after aid, and what happened next — independent of anything the school markets.

Average annual net price by family income at Florida Tech, academic year 2021-22
Family incomeAverage net price paid
$0–$30,000$29,108
$30,001–$48,000$29,213
$48,001–$75,000$31,311
$75,001–$110,000$36,466
$110,001+$40,649
All income levels (average)$35,639

Sticker price vs. what students actually pay

Published tuition & fees, AY 2022-23
$45,900
Average net price paid (all Title-IV aid), AY 2021-22
$35,639

That works out to roughly a 43% discount below the federal AY 2021-22 average cost of attendance of $62,440 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).

Outcomes for students who enrolled here

Graduation rate (150% of normal time), 2016 cohort
64%
First-year retention rate, 2021 cohort
80%
Median debt at completion, 2020–2021 completers
$27,000 (~$286/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21)
$43,137
Share of students receiving a Pell grant, AY 2021-22
25%
Share of students receiving a federal loan, AY 2021-22
48%
See other scholarships and cost examples

If your student brings another scholarship

Outside scholarships can reduce institutional grant or scholarship dollars; see the sourced policy for the exact mechanism.

Verified policy language (2026-07-02): So let's say Pete is a lucky Panther, and he's awarded a $1,000 external scholarship from the SSPA (Super Smart Panther Association of Nowheretown). Here's what that would do to his aid calculation: [Scholarships line changes from] $24,000 Florida Tech Scholarship [in Example 1, before the outside award] to $21,000 Florida Tech Scholarship + $6,360 Bright Futures Academic Scholarship + $1,000 Super Smart Panther Association of Nowheretown [in Example 2, after the outside award] ...

Source

Other Florida Tech scholarships worth checking

These awards can be harder to find. Each one has its own rules.

AmountAmount not publishedEligibilityFirst-time full-time applicants who are NCSS high school graduates

Renewable up to 4 years

Source

Amount$2,500EligibilityApplicants who earned Eagle or Gold Award scout rank (certificate required)

Stackable; renewable up to 4 years

Source

Amount$2,500EligibilityMembers of an official High School FIRST or VEX robotics team (advisor letter required)

Stackable; renewable up to 4 years

Source

Amount$2,500EligibilityStudents whose parents are Florida Tech alumni

Stackable; renewable up to 4 years

Source

Amount$2,500EligibilityStudents with a currently enrolled sibling; both full-time undergrad

Stackable; renewable up to 4 years

Source

AmountAmount not published (combines with other aid to cover tuition + activities/student-services/technology fees)EligibilityReside in Brevard, Indian River, Osceola or Volusia County FL; Pell-eligible; qualify for Florida Academic or Florida Medallion (Bright Futures); admitted by May 1

Renewable up to 4 years; renewal GPA: Medallion 2.75 / Academic 3.0

Source

Florida Tech merit aid FAQ

  • What is the Panther Distinguished Scholar deadline?

    February 1 of the year immediately preceding your first semester — you must be admitted, file the FAFSA (FIT code 001469), and submit the separate Distinguished Scholar application all by February 1, plus complete the Florida Financial Aid Application while still in high school.

  • How long is the merit scholarship renewable?

    The Florida Tech Merit Scholarship is renewable for up to 9 semesters; the Transfer Scholarship up to 3 years; most named $2,500 grants up to 4 years — all subject to meeting renewal requirements.

  • What GPA do I need to keep my scholarship?

    Per the renewal table, the Florida Tech Scholarship requires a 2.00 cumulative GPA, while the Panther Distinguished and Farmer awards require a 3.00 cumulative GPA; all require completing 75% of enrolled courses cumulatively.

See sources and other schools

How Florida Tech compares

  • 19 of 749 verified schools in our dataset use grant-first displacement.

    Florida Tech is in the small minority (19 schools share this category). That framing matters when comparing peer schools that may publish the policy differently or not at all.

  • Grant-first displacement is the rarest published policy in our dataset.

    It also produces the worst family-dollar outcome on outside scholarships. Florida Tech sits in this small minority, so treat outside-award strategy here as conservatively as you would at a school with no published policy at all.

  • 665 of 749 verified schools publish at least one four-year renewable merit award.

    Florida Tech is one of them. The cohort minority (84 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

Sources used on this page

Every claim is checked against Florida Tech’s own published materials. Below is the full reference set.

Compare with similar schools

Keep exploring Florida Tech merit aid

The next chapter

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