Centenary University

www.centenaryuniversity.edu

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2023 Undergraduate Tuition

$36,636

5% growth from 2022

2023 Average Net Price

$22,838

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

96.7%

1,294 Applicants

2023 Enrolled Students

1,453

63.3% Full-Time

2023 Graduation Rate

55.9%

114 Graduates

About

Centenary University is a higher education institution located in Warren County, NJ. In 2023, the most popular Bachelors Degree concentrations at Centenary University were General Business Administration & Management (70 degrees awarded), Elementary Education & Teaching (40 degrees), and Equestrian Studies (19 degrees).

In 2023, 381 degrees were awarded across all undergraduate and graduate programs at Centenary University. 75.1% of these degrees were awarded to women, and 24.9% awarded men. The most common race/ethnicity group of degree recipients was white (256 degrees), 7.76 times more than then the next closest race/ethnicity group, hispanic or latino (33 degrees).

The median undergraduate tuition at Centenary University is $36,636, which is $12,061 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Centenary University was 0%, corresponding to 0 out of the 440 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Centenary University is $36,636, which is $12,061 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $22,838.

In 2023, 94% of undergraduate students attending Centenary University received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Tuition Costs

$36,636

2023 Undergraduate Tuition

In 2023, the cost of tuition at Centenary University was $36,636. The cost of tuition at Centenary University is $12,061 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$22,838

2023 Value

4.12%

1 Year Growth

In 2023 Centenary University had an average net price — the price paid after factoring in grants and loans — of $22,838. Between 2022 and 2023, the average net price of Centenary University grew by 4.12%.

This chart compares the average net price of Centenary University (in red) with that of other similar universities.

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.

Other Student Expenses

$12,425

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Centenary University was of $12,425 in 2023. The cost of room and board increased by 4.11% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies increased by 11.1% during the same period.

This chart compares the average student costs at Centenary University (in red) with that of similar universities.

Financial Aid by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

81%

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Centenary University received financial aid through grants or loans in 2023. This represents a growth of 2.17% with respect to 2022, when 92% 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Centenary University was 0%, which represents 0 out of the 440 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.

Admissions

Centenary University received 1,294 undergraduate applications in 2023, which represents a 2.71% annual growth. Out of those 1,294 applicants, 1,251 students were accepted for enrollment, representing a 96.7% acceptance rate.

There were 1,453 students enrolled at Centenary University in 2023.

Centenary University has an overall enrollment yield of 14.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

96.7%

Acceptance Rate in 2023

1,251

Accepted Out of 1,294

In 2023, the undergraduate acceptance rate of Centenary University was 96.7% (1,251 admissions from 1,294 applications). This is higher than the acceptance rate of 2022, which was 96.5%. Between 2022 and 2023, the number of applicants declined by 2.71%, while admissions declined by 2.57%.

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.

SAT Scores

0% of enrolled first-time students at Centenary University in 2023 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.

Enrollment

Centenary University had a total enrollment of 1,453 students in 2023. The full-time enrollment at Centenary University is 920 students and the part-time enrollment is 533. This means that 63.3% of students enrolled at Centenary University are enrolled full-time.

The enrolled student population at Centenary University, both undergraduate and graduate, is 62% White, 15.6% Hispanic or Latino, 5.64% Black or African American, 2% Asian, 0.138% American Indian or Alaska Native, and 0.0688% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Centenary University in full-time Undergraduate programs are most commonly White Female (40.7%), followed by White Male (22.3%) and Hispanic or Latino Female (11.2%). Students enrolled in full-time Graduate programs are most commonly White Female (75.5%), followed by Hispanic or Latino Female (12.2%) and Asian Female (4.08%).

Full-Time vs Part-Time Enrollment

63.3%

Full-Time Enrollment

The total enrollment at Centenary University in 2023, both undergraduate and graduate, is 1,453 students. The full-time enrollment at Centenary University is 920 and the part-time enrollment is 533. This means that 63.3% of students enrolled at Centenary University are enrolled full-time compared with 68.2% 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.

Retention Rate over Time

75%

2023 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 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
901 enrolled students
Hispanic or Latino
227 enrolled students
Black or African American
82 enrolled students

The enrolled student population at Centenary University is 62% White, 15.6% Hispanic or Latino, 5.64% Black or African American, 2% Asian, 0.138% American Indian or Alaska Native, and 0.0688% Native Hawaiian or Other Pacific Islanders. 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 149 students (10.3%) did not report their race.

Graduates

In 2023, 191 more women than men received degrees from Centenary University. The most common race/ethnicity group of degree recipients at Centenary University is white (256 degrees awarded). There were 7.76 times more white recipients than the next closest race/ethnicity group, hispanic or latino (33 degrees).

The most common Bachelor's Degree concentration at Centenary University is General Business Administration & Management (70 degrees awarded), followed by Elementary Education & Teaching (40 degrees) and Equestrian Studies (19 degrees).

In 2023, 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 Agriculture (26 degrees awarded), Education (122 degrees), and Public Administration and Social Service (20 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

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 (1,664,240 people), Accountants & auditors (1,043,318 people), Other managers (848,322 people), Secondary school teachers (591,829 people), and Financial managers (545,731 people).

The most specialized majors at Centenary University in 2023 are Agriculture (26 degrees awarded), Education (122 degrees), Public Administration and Social Service (20 degrees), Business (110 degrees), and History (4 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

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 Agriculture (26 degrees awarded), Education (122 degrees), Public Administration and Social Service (20 degrees), Business (110 degrees), and History (4 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

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).

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 (2023)

General Business Administration & Management
70 degrees awarded
Elementary Education & Teaching
40 degrees awarded
Equestrian Studies
19 degrees awarded

In 2023, the most common bachelors degree concentration at Centenary University was General Business Administration & Management with 70 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

286

Degrees Awarded to Women

in 2023

In 2023, 95 degrees were awarded to men at Centenary University, which is 0.332 times less than the number of degrees awarded to females (286).

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

Most Common Male Majors

In 2023, 35 degrees were awarded to men at Centenary University in General Business Administration & Management, which is 0.897 times less than the 39 female recipients with that same degree.

Most Common Female Majors

In 2023, 39 degrees were awarded to men at Centenary University in General Business Administration & Management, which is 1.11 times more than the 35 male recipients with that same degree.

Time to Complete

59%

100% Completion Time

68%

150% Completion Time

In 2023, 59% of students graduating from Centenary University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (76%)

The student demographic with the highest graduation rate in 2023 at Centenary University is Female and White (76% graduation rate). Across all Masters Colleges and Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
256 degrees awarded
Hispanic or Latino
33 degrees awarded
Black or African American
24 degrees awarded

The most common race/ethnicity at Centenary University is white (256 degrees awarded). There were 7.76 times more white recipients than the next closest race/ethnicity group, hispanic or latino (33 degrees).

11.8% of degree recipients (45 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
203 degrees awarded
White Male
53 degrees awarded
Hispanic or Latino Female
23 degrees awarded

The most common race/ethnicity and sex grouping at Centenary University is white female (203 degrees awarded). There were 3.83 times more white female recipients than the next closest race/ethnicity group, white male (53 degrees).

Operations

Centenary University has an endowment valued at nearly $15.5M, as of the end of the 2023 fiscal year. The return on its endowment was of 380k (2.45%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Centenary University had a total salary expenditure of 38.7M. Centenary University employs 25 Assistant professors, 18 Associate professors and 8 Professors. Most academics at Centenary University are Female Assistant professor (16), Male Associate professor (9), and Male Assistant 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 38 employees, Management, with 25 employees, and Office and Administrative Support with 17 employees.

Endowment

$15.5M

2023 Endowment

7.79%

growth from 2022

Centenary University has an endowment valued at about $15.5M, as of the end of the 2023 fiscal year. The endowment of Centenary University grew 7.79% from the previous year. The value of their endowment was $34.2M 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.

Salary Expenditure

$12.9M

2023 Salaries

1.3%

decline from 2022

In 2023, Centenary University paid a median of $12.9M in salaries, which represents 33.2% of their overall expenditure ($38.7M) and a 1.3% decline from the previous year. This is compared to a 3.49% decline between 2021 and 2022, and a 6.16% decline between 2020 and 2021.

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

Instructional Salaries

$3.82M

Instructional Salaries

Number of Employees

In 2023, Centenary University paid a total of $3.82M to 57 employees working as instructors, which represents 29.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

25 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

38 Employees

In 2023, the most common positions for instructional staff at Centenary University were Assistant professor with 25 employees, Associate professor with 18 employees, and Professor with 8 employees.

In 2023, the most common positions for non-instructional staff at Centenary University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 38 employees, Management with 25 employees, and Office and Administrative Support with 17 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Associate professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Centenary University was Female Assistant professor with 16 employees, Male Associate professor with 9 employees, and Male Assistant professor with 9 employees.

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

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