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Private College

Centenary University

Private College in Hackettstown, NJ. Six-year graduation rate 56%. Median 10-year earnings $53,726.

Verdict Mixed outcomes
Centenary University · Campus
Median earnings · 10 yr
$53,726
Median debt at grad
$23,163
Mobility score
1.0
% bottom→top quintile
Graduation rate
56.1%
Federal loan default
0%

Students who entered Centenary University land at a median of $53,726 a decade later, close to what most four-year schools deliver. The six-year graduation rate is 56%, meaning about two in five students who start do not finish. Median debt at graduation is $23,163, roughly typical for an undergraduate degree.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Mobility score 1.0 — limited economic uplift documented

Admissions

Acceptance rate
83%
Applicants
1,749
Yield rate
14.7%

83% of applicants get in, so the odds favor most reasonably prepared students. 1,749 applications came in, enough to make the rates below reasonably stable year to year. Only 15% of admitted students enroll — the great majority of admits go elsewhere or nowhere.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading
SAT Math
ACT Composite

IPEDS Admissions · 2024

Apply at Centenary University →

Academics

Full-time retention
78%
Transfer-out rate
28%
Student:faculty
12:1

Completion is middling: 56% finish inside six years. Retention of 78% means a meaningful slice of each entering class does not return. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. Transfer-out runs to 28% — common enough at this school that the completion rate is measuring a smaller group than the entering class. A 12:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$22,640
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
64%
degree- or certificate-seeking undergraduates
% receiving federal loans
64%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 934 degree- or certificate-seeking undergraduates

Students pay an average of $22,640 annually once grants are applied. Net price swings hard on family income here, from $13,329 at the $0–30k band to $28,735 at $110k+. Grant aid reaches 64% of students at an average of $44,235. Borrowing is widespread: 64% take federal loans.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
99%
Average grant
$29,617

IPEDS Student Financial Aid · 2023-24 · 178 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $13,329
$30–48k $16,047
$48–75k $21,277
$75–110k $23,306
$110k+ $28,735

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 596 of these 934 students, totalling $3,422,599 — an average of $5,743 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Warren County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,517/mo
1 bedroom
$1,527/mo
2 bedroom (whole unit)
$1,895/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

VA caution flag

Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring

GI Bill students
18
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Centenary University with peer institutions

How we evaluate Centenary University

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →