Massachusetts Institute of Technology (MIT) vs Florida Tech

Massachusetts Institute of Technology (MIT) and Florida Institute of Technology (FIT) are two highly regarded institutions of higher learning, each offering a unique educational experience. MIT, located in Cambridge, Massachusetts, is renowned for its rigorous academics, world-class faculty, and strong emphasis on research. FIT, situated in Melbourne, Florida, is known for its focus on STEM fields, hands-on learning opportunities, and close-knit community. While both universities share a commitment to excellence, they differ in several key aspects, including acceptance rates, popular majors, student body demographics, and graduation rates. Explore the comprehensive comparison table below to discover which institution better aligns with your academic aspirations and personal preferences.
Florida Institute of Technology logo

Florida Institute of Technology

Massachusetts Institute of Technology logo

Massachusetts Institute of Technology

Overview

Location Melbourne, Florida Cambridge, Massachusetts
Campus setting City: Small City: Midsize
College type 4 year 4 year
Control/business model Private (Non Profit) Private (Non Profit)
Calendar system Semester 4-1-4
Degrees offered Undergraduate and Graduate Undergraduate and Graduate
Students retention rate 82.0% 99.0%
Common app member Yes No
Religious affiliation

Admission

Acceptance rate 65.9% 4.1%
Application fees $50
Undergraduate: $75

Graduate: $75
SAT range 1140 - 1340 N/A
ACT range 24 - 30 N/A
Students submitting SAT score 68.0%
Students submitting ACT score 30.0%
Total number of applicants 10,650 33,240
Total number of admissions given out 7,016 1,365
Admitted students who chose to enroll 756 1,177
Yield rate 10.8% 86.2%
Test scores (SAT/ACT) N/A N/A
High school GPA Required Not required
Recommendation letters Not required Required
High school transcript Not required Not required
English proficiency test (e.g. TOEFL) Required Not required

Tuition and Fees

Sticker price $61,442 $58,920
Average net price $32,314 $30,958
Tuition $42,346 $55,510
Room & board
Room/dormitory: $7,416

Meal plan: $5,980
Room/dormitory: $11,550

Meal plan: $6,550
Available payment plans
  • Tuition payment plan
  • Tuition payment plan

Financial Aid

Students receiving financial aid

(Grants & scholarships)

92.0%
Average amount $25,807
100.0%
Average amount $32,562
Students receiving federal student loan 48.0%
Average amount $5,481
6.0%
Average amount $5,112
Students taking out private loans 11.0%
Average amount $24,026
1.0%
Average amount $17,891

Students and Campus

Undergraduate students 3,491
Men 69.4% Women 30.6%
4,638
Men 51.9% Women 48.1%
Graduate students 4,339
Men 35.7% Women 64.3%
7,296
Men 62.0% Women 38.0%
Racial/ethnic diversity
Low
Moderate
Out-of-state students 54.8% N/A
International students 19.3% 29.2%
Campus local/setting City: Small City: Midsize
Dormitory capacity 2,017 6,280
First year students are required to live on campus? No No
Top 5 states where most U.S. students come from Florida New York New Jersey Maryland Pennsylvania California Texas New York Florida New Jersey

Academics

Popular study areas
  • Engineering
  • Psychology
  • Business
  • Transportation and Logistics
  • Computer and Information Science
  • Engineering
  • Business
  • Computer and Information Science
  • Architecture
  • Mathematics and Statistics
Students to faculty ratio 14:1 3:1
Institutional accreditation Southern Association of Colleges and Schools Commission on Colleges New England Commission on Higher Education

Outcome

Graduation rate 66.3% 96.2%
Dropout rate 32.8% 3.0%
Transferred out N/A N/A
Alumni salary by major (Top 10)
Information Science/Studies (Bachelor's Degrees)
  • Year 1: $58,395
  • Year 2: $67,660
  • Year 3: $85,054
Engineering-Related Fields (Master's Degrees)
  • Year 1: $98,500
  • Year 2: N/A
  • Year 3: $83,998
Business Administration, Management and Operations (Master's Degrees)
  • Year 1: $71,306
  • Year 2: $75,787
  • Year 3: $81,479
Computer Science (Bachelor's Degrees)
  • Year 1: $67,475
  • Year 2: $67,324
  • Year 3: $80,057
Mechanical Engineering (Bachelor's Degrees)
  • Year 1: $64,264
  • Year 2: $65,557
  • Year 3: $79,253
Air Transportation (Master's Degrees)
  • Year 1: N/A
  • Year 2: $61,064
  • Year 3: $77,183
Computer Engineering (Bachelor's Degrees)
  • Year 1: $66,682
  • Year 2: $65,486
  • Year 3: $76,785
Electrical, Electronics and Communications Engineering (Bachelor's Degrees)
  • Year 1: $67,184
  • Year 2: $69,338
  • Year 3: $74,804
Management Information Systems and Services (Master's Degrees)
  • Year 1: $76,992
  • Year 2: $63,997
  • Year 3: $73,267
Clinical, Counseling and Applied Psychology (Doctoral Degrees)
  • Year 1: $67,647
  • Year 2: N/A
  • Year 3: $71,506
Electrical, Electronics and Communications Engineering (Master's Degrees)
  • Year 1: $144,716
  • Year 2: $150,045
  • Year 3: $183,153
Business/Commerce, General (Master's Degrees)
  • Year 1: $170,089
  • Year 2: $165,236
  • Year 3: $182,183
Computer Science (Bachelor's Degrees)
  • Year 1: $118,191
  • Year 2: $127,993
  • Year 3: $163,496
Mathematics (Bachelor's Degrees)
  • Year 1: $82,796
  • Year 2: $117,572
  • Year 3: $155,540
Systems Engineering (Master's Degrees)
  • Year 1: $133,685
  • Year 2: $137,214
  • Year 3: $155,079
Electrical, Electronics and Communications Engineering (Bachelor's Degrees)
  • Year 1: $104,229
  • Year 2: $121,226
  • Year 3: $139,548
Electrical, Electronics and Communications Engineering (Doctoral Degrees)
  • Year 1: $141,603
  • Year 2: $126,504
  • Year 3: $132,987
Mechanical Engineering (Doctoral Degrees)
  • Year 1: N/A
  • Year 2: $112,885
  • Year 3: $124,425
Mechanical Engineering (Master's Degrees)
  • Year 1: $135,266
  • Year 2: $111,435
  • Year 3: $112,404
Aerospace, Aeronautical and Astronautical Engineering (Master's Degrees)
  • Year 1: $109,955
  • Year 2: $104,749
  • Year 3: $109,672

Frequently Asked Questions


  • What are the primary differences between MIT and Florida Tech?

    MIT, located in Cambridge, Massachusetts, is a world-renowned research university with a broad range of programs and a strong emphasis on theoretical and applied science. Florida Tech, situated in Melbourne, Florida, is a smaller, more focused institution known for its strong engineering, science, and aviation programs, with a more hands-on, practical approach to learning. MIT is generally considered more prestigious and competitive, while Florida Tech offers a more personalized learning environment.

  • Which school is better for engineering programs?

    Both MIT and Florida Tech have excellent engineering programs. MIT is consistently ranked among the top engineering schools globally, offering a wider array of specialized engineering disciplines and research opportunities. Florida Tech, while not as broadly recognized, excels in specific engineering fields like aerospace, mechanical, and electrical engineering, providing students with more direct access to faculty and hands-on experience from the start.

  • How do the research opportunities compare between MIT and Florida Tech?

    MIT offers unparalleled research opportunities due to its vast resources, numerous research labs, and collaborations with industry and government. Students at MIT have the chance to participate in cutting-edge research across various fields. Florida Tech, while having fewer resources, provides undergraduate students with more accessible research opportunities and closer mentorship from faculty, particularly in areas aligned with its core strengths like space systems and ocean engineering.

  • What is the difference in campus culture and student life?

    MIT's campus culture is highly demanding and intellectually stimulating, attracting a diverse and ambitious student body. Student life is vibrant, with numerous clubs, organizations, and activities catering to a wide range of interests. Florida Tech offers a more relaxed and close-knit campus environment. Its smaller size fosters a strong sense of community, and student life is centered around engineering, science, and aviation-related activities, as well as outdoor recreation due to its location near the beach.

  • How do the locations of MIT and Florida Tech affect the student experience?

    MIT's location in Cambridge, Massachusetts, provides students with access to a vibrant urban environment, a thriving tech industry, and numerous cultural and historical attractions. The proximity to Boston offers extensive internship and job opportunities. Florida Tech's location in Melbourne, Florida, offers a more relaxed coastal lifestyle with access to beaches and outdoor activities. The area has a growing aerospace industry presence, providing relevant internship and job opportunities, particularly with companies like SpaceX and Boeing.

  • What are the admission requirements and acceptance rates for MIT and Florida Tech?

    MIT has extremely selective admission requirements, with a very low acceptance rate. Applicants need exceptional academic records, high standardized test scores, and demonstrated leadership and extracurricular involvement. Florida Tech has a more accessible admission process with a higher acceptance rate. While still requiring strong academic credentials, it places greater emphasis on a student's passion for science, engineering, or aviation and their potential for success in these fields.

  • How do the costs of attending MIT and Florida Tech compare?

    Both MIT and Florida Tech have significant tuition costs. MIT's tuition is generally higher, but it also offers generous financial aid packages to students from diverse socioeconomic backgrounds. Florida Tech's tuition is slightly lower, and it also provides financial aid and scholarship opportunities. The overall cost of attendance can vary depending on individual circumstances and financial aid eligibility.

  • Which school is better for students interested in aviation?

    While MIT offers aerospace engineering programs, Florida Tech is particularly strong in aviation-related fields. Florida Tech has a dedicated College of Aeronautics offering programs in flight training, aviation management, and aviation meteorology. It provides students with hands-on flight experience and prepares them for careers in the aviation industry. MIT's aerospace engineering program is more focused on the theoretical and research aspects of aerospace engineering.

  • What career opportunities are available after graduating from MIT and Florida Tech?

    Graduates from both MIT and Florida Tech are highly sought after by employers. MIT graduates have access to a vast network of alumni and career resources, leading to opportunities in top companies, research institutions, and entrepreneurial ventures worldwide. Florida Tech graduates find employment in engineering, science, aviation, and technology companies, particularly in the aerospace and defense industries, often securing positions through internships and co-op programs.

  • How do the faculty and student-to-faculty ratios compare?

    MIT boasts a world-class faculty, including Nobel laureates and leading researchers in their respective fields. The student-to-faculty ratio is relatively low, allowing for personalized attention. Florida Tech also has a dedicated and experienced faculty, many with industry experience. The student-to-faculty ratio is generally lower than at MIT, providing students with more opportunities for interaction and mentorship from professors.

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