I'm only a first year at NOVA, so can't say much, but so far, I love it here =) You should base your decisions off where you feel most comfortable. I interviewed at PCO, SUNY, NECO, SCO, ICO and NOVA, and for me, NOVA fit me best. It was away from CA for one (wanted to explore a lil), but it still similar to CA, environment wise...which I liked.
So, my advice is to interview at each school, regardless of cost...and see which one you think fits you the best. Originally ICO was my top choice, but after visiting, I still liked it, but figured I couldn't do a lot of the stuff I like doing (outdoors stuff) there.
Pros of NOVA:
1. High 1st time passing board scores (part 1)- 89% and 90% past 2 years. (part 3 was 100% 1st time too last year)
2. Scrubs- they're comfy, you don't have to decide what to wear in the morning, and you don't have to dress business casual like some schools.
3. beautiful/modern campus (libraries, gym, theater, etc.)
4. suburban town (close to BEACHES, clubs, restaurants, bars, shopping, etc.)
5. interaction w/ other professional students at NOVA (socials, clubs, etc.)
6. clinic RIGHT next door
7. strong patient base w/ diversity
8. extracurricular clubs, Intramural sports, school events, etc.
9. plenty of tutoring help
10. Cheap cost of living (at least compared to big cities and CA)- rent is about ~$650 for a single right next to school or ON campus.
CONS
1. 4th year rotations pretty limited (one in China, couple outta state, but mostly in FL)
2. strict failing/drop out policy (they give you redeeming chances though)
3. Weather when it's humid or raining; otherwise, it's wonderful
4. Exams EVERY Monday, or even twice a week- in the end, it makes sense, so they don't cram it all in one week.
5. Everything else is pretty much generic of all schools...too much studying/ busywork, cost, etc.
6. Reputation: newer = less known in the OPTOMETRIC community (your patients won't care which school you go to as long as you have a degree and are competent). Also doesn't matter to me b/c I plan on going private, and doing residency.
I could probably add to either one of these lists, but I can't think of anything else right now.
Again, this is after only being here for about 4 months, so don't take my word for everything. Just come on over, ask a bunch of questions to your tour guide (which might be me =) and see whether NOVA is for you.
Oh, and finally, NOVA did lose their accredidation, or at least didn't obtain it, years ago. I think it did have something to do with being new, but I forgot. In either case, they're accredited until 2012, and I'm sure they won't have any problems in the future (from the good marks I hear they've received in the recent reviews). You can ask the the dean or associate dean about it, they'll be honest about it and tell you.
GL and hope this helps!