Centenary University

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2019 Undergraduate Tuition
$32,572
1.5% growth from 2018
2019 Average Net Price
$22,221
After Financial Aid
2017 Student Loan
6.81%
Default Rate
2019 Acceptance Rate
75%
1,362 Applicants
2019 Enrolled Students
1,681
64.4% Full-Time
2018 Graduation Rate
58.5%
137 Graduates

About

Centenary University is a higher education institution located in Warren County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Centenary University were General Business Administration & Management (125 degrees awarded), Equestrian Studies (26 degrees), and Criminal Justice - Safety Studies (26 degrees).

In 2019, 575 degrees were awarded across all undergraduate and graduate programs at Centenary University. 66.4% of these degrees were awarded to women, and 33.6% awarded men. The most common race/ethnicity group of degree recipients was white (268 degrees), 1.22 times more than then the next closest race/ethnicity group, unknown (219 degrees).

The median undergraduate tuition at Centenary University is $32,572, which is $10,546 more than the national average for Masters Colleges and Universities ($22,027).

Costs

The median undergraduate tuition at Centenary University is $32,572, which is $10,546 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $22,221.

In 2019, 86% of undergraduate students received federal grants, while 66% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$32,572
2019 Undergraduate Tuition

In 2019, the cost of tuition at Centenary University was $32,572. The cost of tuition at Centenary University is $10,546 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

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Average Net Price

$22,221
2019 Value
0.162%
1 Year Growth

In 2019 Centenary University had an average net price — the price paid after factoring in grants and loans — of $22,221. Between 2018 and 2019, the average net price of Centenary University grew by 0.162%.

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.

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Other Student Expenses

$11,097
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Centenary University was of $11,097 in 2019. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 4.58% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

86%
Of Undergraduates Receive Grants
66%
Of Undergraduates Receive Federal Loans

86% of undergraduate students at Centenary University received grants or loans in 2019. This represents a growth of 4.88% with respect to 2018, when 82% 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.
6.81%
2017 Default Rate
36
Number of Defaults

In 2017 the default rate for borrower's at Centenary University was 6.81%, which represents 36 out of the 529 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 1,362 undergraduate applications in 2019, which represents a 11.9% annual decline. Out of those 1,362 applicants, 1,022 students were accepted for enrollment, representing a 75% acceptance rate.

There were 1,681 students enrolled at Centenary University in 2019, and 80% of first-time enrollees submitted SAT scores with their applications.

Centenary University has an overall enrollment yield of 20.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75%
Acceptance Rate in 2019
1,022
Accepted Out of 1,362

In 2019, the undergraduate acceptance rate of Centenary University was 75% (1,022 admissions from 1,362 applications). This is higher than the acceptance rate of 2018, which was 66.8%. Between 2018 and 2019, the number of applicants declined by −11.9%, while admissions declined by −1.06%.

This chart compares the acceptance rate of Centenary University (in red) with that of other similar universities.

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SAT Scores

80%
Submission Percentage
164
Scores Submitted

80% of enrolled first-time students at Centenary University in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Centenary University has a total enrollment of 1,681 students. The full-time enrollment at Centenary University is 1,082 students and the part-time enrollment is 599. This means that 64.4% of students enrolled at Centenary University are enrolled full-time.

The enrolled student population at Centenary University, both undergraduate and graduate, is 58.9% White, 12.7% Hispanic or Latino, 8.27% Black or African American, 3.51% Two or More Races, 1.19% Asian, 0.0595% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Centenary University in full-time Undergraduate programs are most commonly White Female (42.6%), followed by White Male (19.3%) and Hispanic or Latino Female (9.83%). Students enrolled in full-time Graduate programs are most commonly White Female (45.5%), followed by Hispanic or Latino Female (13.6%) and White Male (13.6%).

Full-Time vs Part-Time Enrollment

64.4%
Full-Time Enrollment

The total enrollment at Centenary University, both undergraduate and graduate, is 1,681 students. The full-time enrollment at Centenary University is 1,082 and the part-time enrollment is 599. This means that 64.4% of students enrolled at Centenary University are enrolled full-time compared with 69.2% 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.

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Retention Rate over Time

71%
2019 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 71%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Centenary University had a retention rate lower 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
  1. White
    990
  2. Hispanic or Latino
    214
  3. Black or African American
    139

The enrolled student population at Centenary University is 58.9% White, 12.7% Hispanic or Latino, 8.27% Black or African American, 3.51% Two or More Races, 1.19% Asian, 0.0595% American Indian or Alaska Native, and 0% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 248 students (14.8%) did not report their race.

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Graduates

In 2019, 189 more women than men received degrees from Centenary University. The most common race/ethnicity group of degree recipients at Centenary University is white (268 degrees awarded). There were 1.22 times more white graduates than the next closest race/ethnicity group, unknown (219 degrees).

The most common Bachelor's Degree concentration at Centenary University is General Business Administration & Management (125 degrees awarded), followed by Equestrian Studies (26 degrees) and Criminal Justice - Safety Studies (26 degrees).

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 (31 degrees awarded), Education (120 degrees), and History (11 degrees).

Workforce

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 (1,620,852 people), Accountants & auditors (1,007,652 people), Other managers (802,477 people), Secondary school teachers (587,713 people), and Financial managers (513,504 people).

The most specialized majors at Centenary University are Agriculture (31 degrees awarded), Education (120 degrees), History (11 degrees), Public Administration and Social Service (29 degrees), and Business (204 degrees).

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Highest Paying Jobs by Major

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 Surgeons, Agents & business managers of artists, performers, & athletes, Magnetic resonance imaging technologists, Physicians, and Public relations specialists

The most specialized majors at Centenary University are Agriculture (31 degrees awarded), Education (120 degrees), History (11 degrees), Public Administration and Social Service (29 degrees), and Business (204 degrees).

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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 (3,219,605 people), Colleges, universities & professional schools, including junior colleges (601,566 people), Banking & related activities (512,837 people), Computer Systems Design (506,279 people), and Insurance carriers (446,619 people).

The most specialized majors at Centenary University are Agriculture (31 degrees awarded), Education (120 degrees), History (11 degrees), Public Administration and Social Service (29 degrees), and Business (204 degrees).

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Degrees

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
  1. 125 degree-majorss awarded
  2. 26 degree-majorss awarded
  3. 26 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Centenary University was General Business Administration & Management with 125 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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Gender Breakdown for Common Majors

193
Degrees Awarded to Men
in 2019
382
Degrees Awarded to Women
in 2019

In 2019, 193 degrees were awarded to men at Centenary University, which is 0.505 times less than the number of degrees awarded to females (382).

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

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Most Common Male Majors

In 2019, 65 degrees were awarded to men at Centenary University in General Business Administration & Management, which is 0.915 times less than the 71 female recipients with that same degree.

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Most Common Female Majors

In 2019, 71 degrees were awarded to women at Centenary University in General Business Administration & Management, which is 1.09 times more than the 65 male recipients with that same degree.

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Time to Complete

51%
100% Completion Time
62%
150% Completion Time

In 2019, 51% of students graduating from Centenary University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 62% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Centenary University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 9.49% of graduates (13 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    268 degrees awarded
  2. Unknown
    219 degrees awarded
  3. Black or African American
    38 degrees awarded

The most common race/ethnicity at Centenary University is white (268 degrees awarded). There were 1.22 times more white recipients than the next closest race/ethnicity group, unknown (219 degrees).

38.1% of degree recipients (219 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    182 degrees awarded
  2. White Male
    86 degrees awarded
  3. Black or African American Female
    24 degrees awarded

The most common race/ethnicity and gender grouping at Centenary University is white female (182 degrees awarded). There were 2.12 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 $12.6M, as of the end of the 2019 fiscal year. The return on its endowment was of $450k (3.58%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Centenary University had a total salary expenditure of $41.5M. Centenary University employs 34 Assistant professors, 23 Associate professors, and 14 Professors. Most academics at Centenary University are Male Assistant professors (17), Female Assistant professors(17), and Male Associate professors (12).

The most common positions for non-instructional staff at Centenary University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 33 employees, Management, with 22 employees, and Office and Administrative Support with 15 employees.

Finances

Endowment

$12.6M
2019 Endowment
9.13%
decline from 2018

Centenary University has an endowment valued at about $12.6M, as of the end of the 2019 fiscal year. The endowment of Centenary University declined 9.13% from the previous year. The value of their endowment was $25.9M 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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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $15.3k - State
  3. $0 - Local

As of 2019, Centenary University received $0 in grants and contracts from the federal government, $15.3k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$16.3M
2019 Salaries
7.65%
decline from 2018

In 2019, Centenary University paid a median of $16.3M in salaries, which represents 39.2% of their overall expenditure ($41.5M) and a 7.65% decline from the previous year. This is compared to a 7.47% decline from 2017 and a 0.459% decline from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

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Instructional Salaries

$5.54M
Instructional Salaries
77
Number of Employees

In 2019, Centenary University paid a total of $5.54M to 77 employees working as instructors, which represents 34.1% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

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

In 2019, the most common positions for instructional staff at Centenary University were Assistant professor with 34 employees; Associate professor with 23 employees; and Associate professor with 14 employees.

In 2019, the most common positions for non-instructional staff at Centenary University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 33 employees; Management with 22 employees; and Office and Administrative Support with 15 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Centenary University was Male Assistant professor with 17 employees, Female Assistant professor with 17 employees, and Male Associate professor with 12 employees.

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

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