Northwest Florida State College logo

Northwest Florida State College

Niceville, FL
publicWebsite
88
Value
Median Earnings (10yr)
$39,664
-26% vs average
Net Price / Year
$4,571
-78% vs average
Graduation Rate
41%
Payback Period
0.5 years
Median Debt
$7,932
Student Body
3,010

Northwest Florida State College — Earnings vs Cost (vs National Average)

Northwest Florida State College at a Glance

Northwest Florida State College (NWFSC) is a public college with its main campus in Niceville, Florida, United States. It is part of the Florida College System, and is accredited by the Southern Association of Colleges and Schools, offering associate and baccalaureate degrees, and several certificate programs. NWFSC operates multiple campuses across Okaloosa and Walton counties.

Founded

1963

63 years old

Endowment

$38M

$38.3 million (2024)

Undergraduates

4,898

Faculty

80

Identity

Motto: Educatio optima ( Latin )Athletics: RaidersMascot: Jimmy "JR" RaiderColors: Scarlet and silverAffiliation: NJCAA Region 8 – Panhandle ConferencePresident: Mel Ponder
Sources:Wikipedia

Is Northwest Florida State College Worth It?

Northwest Florida State College is one of the strongest value propositions in higher education. At $4,571/year net price and $39,664 median earnings, graduates earn 8.7× their annual cost within a decade of enrolling.

The investment pays for itself in just 0.5 years — among the fastest payback periods of any college we track.

A 41% graduation rate is a serious red flag — fewer than 4 in 10 students finish. Those who don't graduate may still carry student debt without the higher-earning credential to show for it.

Median student debt of $7,932 is manageable at just 20% of first-year post-graduation earnings.

Bottom line: Northwest Florida State College delivers strong financial returns that justify the investment for most students.

How Northwest Florida State College compares to peer public colleges of similar tier in FL

Ranked #9 of 182 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Chipola College100$1,133$37,378
#2South Florida State College100$3,877$39,990
#3Brazosport College100$4,732$45,910
#4College of the Mainland100$1,342$39,639
#5Florida Gateway College97$5,364$37,894
#6West Virginia University at Parkersburg97$1,807$35,171
#9Northwest Florida State College88$4,571$39,664

Peer group: public colleges within ±60% of Northwest Florida State College's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 6 in FL.

Best Programs at Northwest Florida State College

The highest-earning program at Northwest Florida State College is Business Administration, Management and Operations at $37,300/year (4 years after graduation). The lowest is Teacher Education and Professional Development, Specific Levels and Methods at $34,700/year.

Your major matters more than the school name — a Business Administration, Management and Operations graduate from Northwest Florida State College earns $37,300, while a Teacher Education and Professional Development, Specific Levels and Methods graduate earns $34,700. Choose your program carefully — it's the single biggest lever you control.

Return on Investment

Estimated 4-Year Cost

$18,284

Based on $4,571/yr net price × 4 years

Earnings Premium

-26%

vs. national average of $53,787/yr

Payback Period

0.5 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$378,356

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Business Administration, Management and Operations$37,300$37,300$11,000
Teacher Education and Professional Development, Specific Levels and Methods$34,700$34,700N/A

Quick Facts

Institution Type
public
Location
Niceville, FL
Student Body
3,010 students
Graduation Rate
41%
Net Price (Annual)
$4,571
Median Earnings (10yr)
$39,664
Median Student Debt
$7,932
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.