Payback
EarningsPlus
Economic score
Centenary University is a private regional university located in Hackettstown, New Jersey. Centenary University is very inclusive in their admissions.
Return on educational investment at Centenary University is in the top 50% of all ranked schools. The median student earns $51,404 10 years after enrolling, 22nd in New Jersey, and in the top 50% nationally. When adjusted for earning differences by major, Centenary University bachelor students earn 4% less than the national average. Centenary University is ranked 10th in New Jersey.
Centenary University’s median net annual cost of $16,105 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Centenary University sorted by number of graduates - Business Administration, Design & Applied Arts, Agricultural and Domestic Animal Services., Criminal Justice, Education, Sociology - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$16,105
Average years to graduate
4.3
Education (subject specific)
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 2.51
Accounting
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 2.76
Agricultural Operations
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 5.93
Comms & Media Studies
Rank: #492
Economic score: 71.05
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 1 graduate programs at Centenary University - Business Administration - are shown below.
The average full-time graduate completes their degree in 4.3 years. 69% of all students graduate within 8 years including part-time students. The graduation rate at Centenary University is 0% lower than the state average, and 11% above the average for all regional universities in the country.
At Centenary University, Pell Grant recipients represent 38% of the measured graduating class, 3% higher than the national average of 35%. The average Pell Grant recipient at Centenary University graduates within 4.3 years.
Centenary University is in the top 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Centenary University’s economic mobility score of 31.9 is calculated by adjusting the 1.58 economic score of lower-income students by the 38% pell grant recipients within the student body. Centenary University’s EMS of 31.9 ranks in the top 10% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 10%
The average Title IV recipient at Centenary University pays $16,105 a year, $35,439 less than the $51,544 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $16,105
Much of the gap between net price and sticker price is filled by institutional and government grants. At Centenary University, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $16,105 on average to be covered by the student – be it through loans or out of pocket. In total, 88% of students take out loans, federal or private, at an average amount of $4,717. This is 34% more than the national average.
Federal grants
$3,369
Pell grants
$4,559
State grants
$10,188
Institutional grants
$19,434
Centenary University offers 1 exclusively online program. At the master’s level Centenary University offers 5 programs, all of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
6
Percentage of programs online
13%
Centenary University's very inclusive admissions are indicated by their 98% acceptance rate. In 2021, the school had 1,346 applicants, of which 1,314 were admitted and 235 enrolled. Centenary University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
90%
83%
Female
65%
59%
First time
51%
59%
In-state
85%
68%
1st generation
38%
35%
White
63%
52%
Black
9%
14%
Hispanic
16%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
10%
12%