CollegeTuitionData — College Data in Plain English

Centenary University

Hackettstown, NJ 07840 — Private Nonprofit

Value Score: 70/100 | ROI Score: -64 | Affordability Score: 55/100

Tuition (In-State): $37,732 | Out-of-State: $37,732

Acceptance Rate: 83.1% | Graduation Rate: 56.3% | Retention Rate: 77.8%

Median Earnings (10yr): $53,726 | Median Debt: $23,163

ACT Midpoint: 19

Student Body Size: 910 (small)

Pell Grant Recipients: 38.3% | Federal Loan Rate: 63.3%

Average Faculty Salary: $7,533/month

Tuition & Affordability Analysis

In-state tuition at Centenary University is $37,732 per year, which is 4% below the national average for private institutions.

Out-of-state students pay $37,732/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $150,928 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Centenary University:

  • Families earning $0–$30,000: $13,329/year
  • Families earning $30,001–$48,000: $16,047/year
  • Families earning $48,001–$75,000: $21,277/year
  • Families earning $75,001–$110,000: $23,306/year
  • Families earning $110,000+: $28,735/year

Low-income families receive an average discount of $24,403/year, paying just 35% of the sticker price.

Admissions Snapshot

Centenary University has an acceptance rate of 83.1%, placing it in the Less Selective (70–85%) category. This means roughly 274 students apply each year.

Centenary University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

The ACT midpoint is 19, 10% below the national average.

Graduate Outcomes & Return on Investment

56.3% of students at Centenary University complete their degree, 9% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 77.8% (4% below the national average). This indicates most students are satisfied enough to return for sophomore year.

Graduates of Centenary University earn a median salary of $53,726 ten years after enrollment, 31% above the national average. This represents a $18,726/year earnings premium over the average high school diploma holder, or $561,780 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $23,163, 8% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $251/month, with a total repayment of $30,120 (including $6,957 in interest).

Debt-to-Earnings Ratio: 0.43x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Centenary University pays for itself in approximately 9 years. This is a reasonable investment timeline.

Financial Aid Profile

38.3% of students at Centenary University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 16% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

63.3% of students take federal loans, 35% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $7,533/month, 14% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Centenary University enrolls 910 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 58/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 61%, Hispanic 20%, Black 9%, Asian 2%.

Centenary University: A Small, Personalized Private Institution with Strong Graduation Rates and Low Debt

Report Card: Overall Grade D+

Centenary University receives an overall grade of D+ based on six dimensions:

  • Academics: D
  • Value: F
  • Outcomes: C+
  • Affordability: B

College Analysis

Centenary University is a Private Nonprofit institution in Hackettstown, NJ with approximately 910 students. Academics: Centenary University has a strong focus on small class sizes and personalized education, with a graduation rate of 56.31%. Value: The median debt of $23,163 is relatively low compared to tuition costs, making it a more affordable option for students. Outcomes: Graduates have a median earnings of $53,726 after 10 years, indicating a good return on investment.

The Verdict: Is Centenary University Worth It?

Centenary University presents a challenging value proposition. With an in-state and out-of-state tuition of $37,732 and a median 10-year earnings of $53,726, the earnings are only moderately higher than the tuition cost, leaving little room for debt repayment and living expenses. The median debt of $23,163, while not excessively high, combined with the modest earnings, contributes to a negative ROI score of -64. This suggests that, on average, graduates do not recoup their investment quickly. The payoff timeline for the median debt, assuming a significant portion of the median salary is allocated to repayment, could extend beyond the typical 5-10 year window, especially after accounting for taxes and living costs. Given these figures, Centenary University appears overpriced for the average graduate's financial return. It is not a hidden gem, nor a straightforward good deal; rather, it requires careful consideration of specific program outcomes and individual career aspirations to justify the investment.

Return on Investment

While the degree is affordable and offers strong earnings potential, the ROI score is negative, suggesting that the cost may not fully justify the benefits.

Debt Reality Check

Median student debt at Centenary University: $23,163. Monthly payment on a standard 10-year plan: $263/month. Total repaid: $31,560 ($8,397 in interest).

Breakeven vs high school diploma: 1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $31,560.

Strengths

  • Strong focus on personalized education and small class sizes
  • High graduation rate and strong earnings potential
  • Low median debt compared to tuition costs

Weaknesses

  • Predominantly white student body
  • Lower affordability score
  • Lower ROI score

Academic Profile

ACT Midpoint: 19. Retention Rate: 77.8%.

Centenary University's academic environment is characterized by a strong emphasis on personalized attention, a hallmark of its smaller size. The university boasts several programs that stand out, particularly in the arts and sciences, business, and health sciences. The School of Arts, Humanities, and Social Sciences offers robust programs in fields like English, History, and Psychology, while the School of Business offers concentrations in areas such as Marketing and Management. A notable strength lies within the School of Natural, Health, and Professional Sciences, which includes highly regarded programs in Biology, Equine Studies, and Nursing. The Equine Studies program, in particular, leverages Centenary's equestrian facilities and is a significant draw for students passionate about animal science and management. Research opportunities are available, especially for undergraduates, allowing students to work closely with faculty mentors on projects that can lead to presentations at conferences or even publications. While specific faculty salary data isn't publicly available, the student-faculty ratio, which is typically low at institutions of this size, suggests that students receive ample individual attention from their professors. The Centenary Honors Program provides a challenging academic experience for high-achieving students, offering enriched coursework and opportunities for independent study. Study abroad programs are also an option, allowing students to broaden their horizons and gain international perspectives. Academic support is readily available through the Academic Success Center, which offers tutoring, academic advising, and workshops designed to enhance study skills and overall academic performance.

Financial Aid Guide for Centenary University

Pell Grant recipients: 38.3%. Students taking federal loans: 63.3%.

Navigating financial aid at Centenary University involves understanding both merit-based and need-based aid opportunities. Given the sticker price of $37,732 for tuition, most students will rely on some form of financial assistance. Centenary is known to offer a range of merit scholarships, often awarded automatically based on academic achievement (GPA and standardized test scores, though these are not currently required for admission). These scholarships can significantly reduce the cost of attendance for academically strong students. For students demonstrating financial need, Centenary provides need-based grants and institutional aid. The Free Application for Federal Student Aid (FAFSA) is the primary document for determining eligibility for federal grants (like the Pell Grant, if applicable), federal loans, and state aid. Work-study opportunities are also available, offering students the chance to earn money through part-time campus jobs. Typical aid packages can vary widely. For instance, a student with strong academic credentials might receive a merit scholarship of $15,000-$25,000, while a student with demonstrated financial need could receive a combination of grants and loans totaling $20,000-$30,000. It's crucial for prospective students to complete the FAFSA and any institutional aid applications by the priority deadlines to maximize their aid eligibility. While Centenary does not explicitly state a policy on aid negotiation, it's generally advisable for students with competing offers or significant changes in financial circumstances to contact the financial aid office to discuss their situation. Scholarship tips include looking for external scholarships from community organizations, religious affiliations, or specific academic fields, as these can be stacked with institutional aid.

Hidden Costs at Centenary University

  • Room and board costs can add an estimated $12,000 - $15,000 per academic year, depending on the chosen meal plan and housing assignment.
  • Student activity fees, typically around $300 - $500 per semester, fund campus events, clubs, and organizations.
  • Textbooks and course materials can range from $800 - $1,200 annually, with costs varying significantly by major and course.
  • Transportation costs, including potential travel home for breaks or local commuting, could add $500 - $1,500 per year.
  • Parking permits for students with vehicles on campus can cost approximately $100 - $250 per academic year.
  • Health insurance is often required for students not covered by a parent's plan, potentially adding $2,000 - $4,000 annually.
  • Personal expenses, such as toiletries, laundry, and entertainment, can easily amount to $1,000 - $2,000 per year.

Alumni Outcomes & Career Paths

Centenary University's alumni network, while smaller, shows a tendency to cluster in industries that leverage its strong programs in business, education, and health sciences. Graduates often find opportunities within the greater New York/New Jersey metropolitan area. Major employers that have historically recruited from Centenary include local healthcare systems like Hackettstown Medical Center and Atlantic Health System, as well as educational institutions within the region. Business graduates may find roles in finance and marketing at companies such as Investors Bank (now part of Citizens Bank) or smaller regional firms. While specific internship pipelines are not widely publicized, the university emphasizes experiential learning, suggesting opportunities with local businesses and non-profits in Warren County and surrounding areas. Graduate school placement rates are not consistently reported, but programs like psychology and education often see students pursue advanced degrees. Notable alumni are not extensively highlighted in public data, suggesting a focus on current student success rather than high-profile figures. Career services are available, aiming to connect students with internships and post-graduation employment, though their reach may be more localized due to the university's size and location. Geographic hiring patterns show a strong preference for the New Jersey and New York metropolitan areas, with some alumni extending into Pennsylvania.

Campus Life & Culture at Centenary University

Centenary University attracts a student body that values a personalized educational experience and a supportive community. The student population tends to be primarily from New Jersey and surrounding states, with a growing number of out-of-state students seeking its specialized programs. Students who thrive here are often engaged, community-minded individuals who appreciate smaller class sizes and direct interaction with faculty.

Centenary University in Hackettstown, NJ, offers a close-knit campus experience, often described as having a friendly and supportive 'vibe.' With a student body of around 910, it's easy to find your niche. The university is divided into two main campuses: the Academic Village and the Residential Village, fostering a sense of community and making it convenient to navigate between classes and living spaces. Student organizations are a cornerstone of life here, with over 40 clubs and organizations catering to a wide range of interests, from academic societies like the Biology Club to recreational groups like the Equestrian Club, a nod to the university's strong equestrian program. Social life isn't dominated by Greek life, though a few fraternities and sororities do exist and contribute to the campus social fabric. Instead, expect a calendar filled with campus-organized events, movie nights, guest speakers, and weekend activities often hosted by the Student Government Association or various clubs. Athletics are a significant part of the Centenary experience, with the Centenary Cyclones competing in NCAA Division III. Popular sports include basketball, soccer, and lacrosse, and athletic events are well-attended by students and faculty alike, creating a spirited atmosphere. Housing is guaranteed for freshmen and available for upperclassmen, with various residence halls offering different living styles. The dining hall, located in the David and Carol Lackman Student Center, serves as a central hub for students to gather and refuel. The overall atmosphere is one of engaged learning and community involvement, where students are encouraged to participate actively in campus life and build lasting relationships.

Campus Highlights

  • The renowned Equine Studies program with extensive equestrian facilities.
  • The unique two-campus layout: Academic Village and Residential Village.
  • A strong emphasis on undergraduate research opportunities and faculty mentorship.
  • The vibrant arts scene, including theater productions and art exhibitions.
  • Centenary's commitment to community service and civic engagement.
  • The close-knit community atmosphere fostered by a smaller student body.
  • The historic setting of Hackettstown, offering a blend of rural charm and accessibility to larger cities.

Location & Regional Advantages

Centenary University's location in Hackettstown, NJ, offers a blend of suburban tranquility and proximity to major economic hubs. The local job market in Warren County is modest, with opportunities primarily in healthcare, education, and retail. However, the true advantage lies in its accessibility to the vast employment landscape of the New York metropolitan area, approximately 60-70 miles away. This proximity allows students to access internships and jobs in diverse industries like finance, technology, media, and pharmaceuticals, even while enjoying a lower cost of living than in the city itself. The surrounding region boasts a reasonable cost of living, particularly compared to urban centers, making student debt potentially more manageable. Quality of life in Hackettstown is characterized by a small-town feel, with access to outdoor recreation in nearby state parks. Safety is generally good, typical of suburban New Jersey. While the weather is temperate, it's standard for the Northeast. The strategic location enables Centenary graduates to tap into a much larger job market than their immediate surroundings would suggest, offering a balance between affordability and access to significant career opportunities.

How to Get Into Centenary University

Centenary University, with an admission rate of 83.1%, is a school where a strong academic record and genuine interest can go a long way. While Early Decision (ED) and Early Action (EA) options are available, the university's selectivity doesn't typically offer a dramatic advantage for ED/EA applicants compared to a well-qualified regular decision applicant. The admissions committee values a holistic review, meaning they look beyond just grades and test scores (which are not currently required). They seek students who demonstrate a commitment to learning, community involvement, and a good fit with Centenary's values. A strong GPA, particularly in core academic subjects, is important. Since SAT/ACT scores are not required, your high school transcript will be heavily scrutinized. Essays are a key component; focus on topics that showcase your personality, resilience, intellectual curiosity, or how you've overcome challenges. Personal anecdotes that reveal your character and aspirations are often more impactful than generic statements. Demonstrated interest is also considered; this can be shown through attending virtual or in-person information sessions, visiting campus, engaging with admissions counselors, and following Centenary on social media. The application timeline should ideally involve submitting your application by the priority deadlines (often in February for fall admission) to ensure full consideration for both admission and scholarships. For students aiming to maximize their chances, ensure all application components are complete and thoughtfully prepared, highlighting your unique contributions and potential to succeed at Centenary.

How Centenary University Compares to Similar Schools

Similar schools: Drew University, Monmouth University, Caldwell University

Advantages

  • More affordable tuition compared to some private peers in the region.
  • Stronger focus on specific niche programs like equine studies or early childhood education.
  • Smaller class sizes fostering closer student-faculty interaction.

Disadvantages

  • Lower median graduate earnings compared to some competitors.
  • Less robust alumni network and national brand recognition.
  • Lower graduation rates suggest potential student retention challenges.

Best For

  • Students looking for a large campus with diverse extracurricular activities may find Centenary University less appealing.
  • Those seeking a more diverse student body may prefer institutions with higher percentages of minority students.

Avoid If

  • Students who prioritize large class sizes and a wide range of extracurricular activities may want to consider other institutions.
  • Those with a high tolerance for debt may find the tuition and median debt to be a barrier.

Frequently Asked Questions about Centenary University

How much does it cost to attend Centenary University?

In-state tuition at Centenary University is $37,732 per year, and out-of-state tuition is $37,732 per year. The median student debt at graduation is $23,163.

What is the acceptance rate at Centenary University?

Centenary University has an acceptance rate of 83.1%.

What is the graduation rate at Centenary University?

Centenary University has a graduation rate of 56.3%.

How much do Centenary University graduates earn?

The median earnings for Centenary University graduates 10 years after enrollment is $53,726. With median debt of $23,163, graduates earn roughly 2.3x their debt level annually.

How big is Centenary University?

Centenary University has approximately 910 students and is classified as a small institution. It is located in Hackettstown, NJ and is a Private Nonprofit institution.

Is Centenary University worth the cost?

Centenary University has an ROI score of -64 out of 100. With in-state tuition of $37,732 per year and median post-graduation earnings of $53,726, the data suggests the return on investment may be below average.

Where is Centenary University located?

Centenary University is located in Hackettstown, NJ. It is a Private Nonprofit institution with approximately 910 students.

How much student debt do Centenary University graduates have?

The median student debt for Centenary University graduates is $23,163. With median earnings of $53,726 ten years after enrollment, graduates can expect a debt-to-income ratio of 43%.

Is Centenary University a good college?

Centenary University has a graduation rate of 56.3% and median post-graduation earnings of $53,726. High admission rate of 83.08% suggests a welcoming and accessible institution.

How does Centenary University compare to similar colleges?

61.1% of students are white, indicating a predominantly white student body. Compared to peer institutions, Centenary University offers a more affordable education with lower debt and strong earnings potential.

What career prospects do Centenary University graduates have?

Graduates of Centenary University are well-positioned for careers in various fields, given the institution's strong focus on personalized education and high graduation rates.

What should prospective students know about Centenary University?

Centenary University is well-suited for students seeking a small, private institution with a strong emphasis on personal development and career readiness.

What makes Centenary University stand out?

Median earnings of $53,726 after 10 years is above the national average for similar institutions.

What are the pros and cons of attending Centenary University?

Low median debt of $23,163 compared to tuition costs.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.