Centenary University

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2022 Undergraduate Tuition
$34,890
3.99% growth from 2021
2022 Average Net Price
$21,935
After Financial Aid
2019 Default Rate
2.6%
on Student Loans
2022 Acceptance Rate
96.5%
1,330 Applicants
2022 Enrolled Students
1,498
66.2% Full-Time
2022 Graduation Rate
60.3%
143 Graduates

About

Centenary University is a higher education institution located in Warren County, NJ. In 2022, the most popular Bachelors Degree concentrations at Centenary University were General Business Administration & Management (88 degrees awarded), Elementary Education & Teaching (26 degrees), and Experimental Psychology (21 degrees).

In 2022, 437 degrees were awarded across all undergraduate and graduate programs at Centenary University. 66.6% of these degrees were awarded to women, and 33.4% awarded men. The most common race/ethnicity group of degree recipients was white (276 degrees), 4.25 times more than then the next closest race/ethnicity group, hispanic or latino (65 degrees).

The median undergraduate tuition at Centenary University is $34,890, which is $10,894 more than the national average for Masters Colleges and Universities ($23,996).

Costs

In 2022, the median undergraduate tuition at Centenary University is $34,890, which is $10,894 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $21,935.

In 2022, 92% of undergraduate students attending Centenary University received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$34,890
2022 Undergraduate Tuition

In 2022, the cost of tuition at Centenary University was $34,890. The cost of tuition at Centenary University is $10,894 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

This chart compares the tuition costs of Centenary University (in red) with those of other similar universities.

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Average Net Price

$21,935
2022 Value
10.4%
1 Year Growth

In 2022 Centenary University had an average net price — the price paid after factoring in grants and loans — of $21,935. Between 2021 and 2022, the average net price of Centenary University grew by 10.4%.

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Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$11,934
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at Centenary University was of $11,934 in 2022. The cost of room and board decreased by 1.64% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

92%
Undergraduates Receiving Financial Aid through Grants
53%
Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Centenary University received financial aid through grants or loans in 2022. This represents a growth of 9.52% with respect to 2021, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Centenary University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
2.6%
2019 Default Rate
13
Number of Defaults

In 2019 the default rate for borrower's at Centenary University was 2.6%, which represents 13 out of the 500 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Centenary University received 1,330 undergraduate applications in 2022, which represents a 1.19% annual growth. Out of those 1,330 applicants, 1,284 students were accepted for enrollment, representing a 96.5% acceptance rate.

There were 1,498 students enrolled at Centenary University in 2022. 6% of first-time enrollees submitted SAT scores with their applications.

Centenary University has an overall enrollment yield of 15.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

96.5%
Acceptance Rate in 2022
1,284
Accepted Out of 1,330

In 2022, the undergraduate acceptance rate of Centenary University was 96.5% (1,284 admissions from 1,330 applications). This is lower than the acceptance rate of 2021, which was 97.6%. Between 2021 and 2022, the number of applicants grew by 1.19%, while admissions declined by −2.28%..

This chart compares the acceptance rate of Centenary University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

6%
Submission Percentage (2021)
15
Scores Submitted (2021)

6% of enrolled first-time students at Centenary University in 2021 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Centenary University had a total enrollment of 1,498 students in 2022. The full-time enrollment at Centenary University is 991 students and the part-time enrollment is 507. This means that 66.2% of students enrolled at Centenary University are enrolled full-time.

The enrolled student population at Centenary University, both undergraduate and graduate, is 63.1% White, 15.4% Hispanic or Latino, 6.48% Black or African American, 4.41% Two or More Races, 3.6% Asian, and 0.134% American Indian or Alaska Native.

Students enrolled at Centenary University in full-time Undergraduate programs are most commonly White Female (41.6%), followed by White Male (21.3%) and Hispanic or Latino Female (10.8%). Students enrolled in full-time Graduate programs are most commonly White Female (80%), followed by Hispanic or Latino Female (13.3%).

Full-Time vs Part-Time Enrollment

66.2%
Full-Time Enrollment

The total enrollment at Centenary University in 2022, both undergraduate and graduate, is 1,498 students. The full-time enrollment at Centenary University is 991 and the part-time enrollment is 507. This means that 66.2% of students enrolled at Centenary University are enrolled full-time compared with 67.6% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Centenary University (in red) compares to similar universities.

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Retention Rate over Time

76%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Centenary University was 76%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Centenary University had a retention rate higher than its peers.

This chart shows the retention rate over time at Centenary University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    945 enrolled students
  2. Hispanic or Latino
    231 enrolled students
  3. Black or African American
    97 enrolled students

The enrolled student population at Centenary University is 63.1% White, 15.4% Hispanic or Latino, 6.48% Black or African American, 4.41% Two or More Races, 3.6% Asian, and 0.134% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 51.2% White, 17.3% Hispanic or Latino, and 13% Black or African American.

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Graduates

In 2022, 145 more women than men received degrees from Centenary University. The most common race/ethnicity group of degree recipients at Centenary University is white (276 degrees awarded). There were 4.25 times more white recipients than the next closest race/ethnicity group, hispanic or latino (65 degrees).

The most common Bachelor's Degree concentration at Centenary University is General Business Administration & Management (88 degrees awarded), followed by Elementary Education & Teaching (26 degrees) and Experimental Psychology (21 degrees).

In 2022,  the most specialized majors across all degree types at Centenary University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (89 degrees awarded), History (8 degrees), and Public Administration and Social Service (23 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Centenary University are Elementary & middle school teachers (1,812,885 people), Accountants & auditors (1,066,981 people), Other managers (860,220 people), Secondary school teachers (586,833 people), and Financial managers (527,290 people).

The most specialized majors at Centenary University in 2022 are Education (89 degrees awarded), History (8 degrees), Public Administration and Social Service (23 degrees), Visual & Performing Arts (27 degrees), and Business (144 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Centenary University are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Centenary University are Education (89 degrees awarded), History (8 degrees), Public Administration and Social Service (23 degrees), Visual & Performing Arts (27 degrees), and Business (144 degrees) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Centenary University are Elementary & secondary schools (3,403,654 people), Colleges, universities & professional schools, including junior colleges (709,145 people), Computer Systems Design (617,844 people), Banking & related activities (533,091 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (498,256 people).

The most specialized majors at Centenary University are Education (89 degrees awarded), History (8 degrees), Public Administration and Social Service (23 degrees), Visual & Performing Arts (27 degrees), and Business (144 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Centenary University.
Most Common (2022)
  1. 88 degrees awarded
  2. 26 degrees awarded
  3. 21 degrees awarded

In 2022, the most common bachelors degree concentration at Centenary University was General Business Administration & Management with 88 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Centenary University according to their major.

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Sex Breakdown for Common Majors

146
Degrees Awarded to Men
in 2022
291
Degrees Awarded to Women
in 2022

In 2022, 146 degrees were awarded to men at Centenary University, which is 0.502 times less than the number of degrees awarded to females (291).

This chart displays the sex disparity between the top 5 majors at Centenary University by degrees awarded.

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Most Common Male Majors

In 2022, 49 degrees were awarded to men at Centenary University in General Business Administration & Management, which is 1.23 times more than the 40 female recipients with that same degree.

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Most Common Female Majors

In 2022, 40 degrees were awarded to men at Centenary University in General Business Administration & Management, which is 0.816 times less than the 49 male recipients with that same degree.

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Time to Complete

50%
100% Completion Time
59%
150% Completion Time

In 2022, 50% of students graduating from Centenary University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 80% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Centenary University is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    276 degrees awarded
  2. Hispanic or Latino
    65 degrees awarded
  3. Black or African American
    31 degrees awarded

The most common race/ethnicity at Centenary University is white (276 degrees awarded). There were 4.25 times more white recipients than the next closest race/ethnicity group, hispanic or latino (65 degrees).

12.8% of degree recipients (56 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    190 degrees awarded
  2. White Male
    86 degrees awarded
  3. Hispanic or Latino Female
    37 degrees awarded

The most common race/ethnicity and sex grouping at Centenary University is white female (190 degrees awarded). There were 2.21 times more white female recipients than the next closest race/ethnicity group, white male (86 degrees).

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Operations

Centenary University has an endowment valued at nearly $14.4M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−14.2%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Centenary University had a total salary expenditure of 38.1M. Centenary University employs 31 Assistant professors, 17 Associate professors and 9 Professors. Most academics at Centenary University are Female Assistant professor (19), Male Assistant professor (12), and Female Associate professor (9).

The most common positions for non-instructional staff at Centenary University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 35 employees, Management, with 23 employees, and Office and Administrative Support with 16 employees.

Endowment

$14.4M
2022 Endowment
11.8%
decline from 2021

Centenary University has an endowment valued at about $14.4M, as of the end of the 2022 fiscal year. The endowment of Centenary University declined 11.8% from the previous year. The value of their endowment was $32.2M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Centenary University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Salary Expenditure

$13M
2022 Salaries
3.49%
decline from 2021

In 2022, Centenary University paid a median of $13M in salaries, which represents 34.2% of their overall expenditure ($38.1M) and a 3.49% decline from the previous year.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$4.11M
Instructional Salaries
60
Number of Employees

In 2022, Centenary University paid a total of $4.11M to 60 employees working as instructors, which represents 31.5% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
31 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
35 Employees

In 2022, the most common positions for instructional staff at Centenary University were Assistant professor with 31 employees, Associate professor with 17 employees, and Professor with 9 employees.

In 2022, the most common positions for non-instructional staff at Centenary University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 35 employees, Management with 23 employees, and Office and Administrative Support with 16 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Assistant professor
  2. Male Assistant professor
  3. Female Associate professor

In 2022, the most common demographic for instructional staff at Centenary University was Female Assistant professor with 19 employees, Male Assistant professor with 12 employees, and Female Associate professor with 9 employees.

This chart shows the sex split between each academic rank present at Centenary University.

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