If those are your two choices, I would say go with Florida Tech. I think many people here raise excellent concerns re: non-funded programs. However, as you stated, finances are not a concern for you. I always urge new applicants to my program to consider the cost and their goals for the future before committing to taking on a PsyD. FIT does offer research assistant positions in the first year as well as other positions you can obtain throughout your time in the program (tuition remission ranges from $5000-$10000 per year and some also include small stipends of $2000-$3000 per semester on top of that). Not a lot, but something. I'll also add that many prac sites also pay students here. In fact, students in the integrated behavioral health concentration receive funding from HRSA (arpx $12,500 per student, per semester) for completing prac in a medically underserved area or Federally Qualified Healthcare Center. For anyone to say FIT is a "bad choice" with poor clinical training or a questionable reputation is misleading.
Just so you are aware, FIT's match rate is typically at or above the national average. Last year there was 100% match rate. This year the match rate was 92% and I am confident that it will be at 100% after phase 2. FIT will not allow you to apply to non accredited internship sites in phase 1 and it is strongly discouraged in phase 2. I can tell you from interviewing at Nova that they told me "it doesn't matter if the site is accredited, it's becoming more common." That alone should speak to you.
I just matched to my first choice. On interviews, many training sites commented on the caliber of students that FIT sends to internship, especially with regard to assessment. I am beyond happy with the training I have received. Many of my classmates also matched at their number 1 or number 2 sites for internship (all accredited) and at great, great sites--- In fact, most matched outside of the Southeast.
So, overall, yes, it's a big financial commitment. Of course there are risks associated with taking on debt. That is why it's important if you go the PsyD route to pick a program that has a track record of success for it's graduates (whether that be FIT or another reputable PsyD program). I think it's fair for people to urge you to think this through very clearly. However, I obviously disagree that you'd be at an overall disadvantage for picking a reputable PsyD program. Lastly, it sounds like you wont really be taking out many loans so it really should come down to the quality of training, match, and other future related outcomes.
If you have any questions about the program or location, feel free to message me.
EDIT: The match rate this year is once again 100%. All students participating in match this year matched to an APA accredited site.