Valencia is an amazing city. I think it gets the snub when people think of Spain; but this city should be a can't miss. I studied abroad through FSU in summer 2010 (you know, when Spain won the World Cup - NBD) and it was the best decision I ever made.
The study center is right behind the Torres de Serranos, which is a big landmark in the city. Next is the canal which many people run, play soccer or walk into other parts of the city. Down the canal from the study center is the Ciudad de Las Artes y Las Ciencias (City of Arts & Sciences), where there is a breathtaking aquarium and top notch museum exhibits.
The staff at the study center are incredibly friendly and always willing to give recommendations on their favorite places in the city. Cati (who unfortunately isn't there any longer) took us to a club where she DJ'ed and coordinated many of the adventures that we went on as a group. These were great and provided us with cultural experiences that we never would have had otherwise. Alicia and Ignacio were also AHH-MAZING. They made sure all of our needs as students were met. We all are forever indebted to their dedication to the FSU Valencia program.
The city has a distinct dialect that is unique for other Spanish speakers from South America and the States. But don't let this deter you - the people are incredibly friendly, and as someone who knew little Spanish, I felt right at home once I got past the initial "OMG I'M IN SPAIN AND I DON'T SPEAK ANY SPANISH WTH AM I GONNA DO?!?!" Don't worry! Seriously, the Valencian people have you covered! As in all foreign countries, try your best. It shows the people that you're trying and they are more than likely to help.
Seriously, if you are on the fence about Valencia, let me go ahead and knock you over and tell you that this program is not a mistake. Go. Right now. GO! You won't regret it.