Outreach baccalaureate and beginning graduate degree programs have been offered at Panama City Center under the jurisdiction of the University of West Florida since 1971. This feasibility study was conducted to establish directions for the future development of the Center, which already serves substantial numbers of persons in the area of seeking a college degree who find themselves beyond commuting distance to the campus of a public university. Suggested are alternative courses of action that may be taken with respect to expansion. Advantages, disadvantages, and costs of each approach are discussed. Alternatives are: (1) a cutback from the present level of off-campus offerings; (2) a continuation of the existing program at its 1975 level; (3) a limited expansion, calling for a building designed to accompany joint utilization by the University of West Florida's Panama City Center and Gulf Coast Community College; and (4) a branch campus under the academic and administrative control of the University of Florida. (Author/KE)