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Florida Institute of Technology · Florida

Florida Tech scholarships and merit aid

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.

Verified Jul 20262 months ago

The short answer

Is Florida Tech worth a closer look?

Florida Tech is worth checking if your student has strong grades or scores. We found 6 published awards, and 2 are based on those numbers.

Merit tiers62 based on grades or scores
Research checkedJul 2026By our research team
Clemente Center at Florida Institute Of Technology

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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.

Amount not published

Florida Tech Merit Scholarship

Based on grades or scoresCan continue
GPA
Based on weighted high-school GPA
SAT
Considered (ACT/SAT/CLT)
ACT
Considered (ACT/SAT/CLT)
See who qualifies and how to keep it
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.

Notes

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

Source

Full tuition plus facilities…Full tuition plus facilities, activities, and technology fees

Panther Distinguished Scholar Award

Apply separatelyCan continue
See who qualifies
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.

Notes

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.

Source

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

Farmer Scholars Program

Apply separatelyCan continue
See who qualifies
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.

Notes

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

Source

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

Florida Tech Ethics Competition Scholarships

Apply separatelyCan continue
See who qualifies
Who qualifies

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

Notes

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

Source

Amount not published

Florida Tech Transfer Scholarship

Based on grades or scoresCan continue
See who qualifies
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.

Notes

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

Source

$2,500

Florida Tech Phi Theta Kappa Scholarship (PTK)

Apply separatelyCan continue
See who qualifies
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.

Notes

Stackable with other Florida Tech Scholarships.

Source

See what could change an award

Rules that could change the answer

These are the rules we would flag for your family. Each comes from Florida Tech's published information.

  • 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.

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

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