Moody Bible Institute

Private, Four-years School Located in Chicago, IL

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How much is the Moody Bible Institute tuition? For the academic year 2023-2024, Moody Bible Institute's tuition & fees is $15,356.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $33,400 when a student lives on-campus.

Moody Bible Institute Tuition & Expenses

2022-2023 Rate
Tuition & Fees$15,356
Books & Supplies Costs$932
On-campus Room & Board$12,610
On-campus Expenses$4,502
Off-campus Room & Board$11,960
Off-campus Expenses$6,440
2023-2024 Estimates
Tuition & Fees$16,450

How Much Does it Cost to Go to Moody Bible Institute for 4 Years?

For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $54,008 at Moody Bible Institute. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $127,877. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $93,248.
The following table computes the 4 years tuition and COA by class of year.
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2023-24)$14,576$32,213$22,868
Sophomore (2024-25)$13,835$32,015$23,144
Junior (2025-26)$13,132$31,870$23,450
Senior (2026-27)$12,465$31,779$23,786
4 Years Total$54,008$127,877$93,248
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2024-25)$13,835$32,015$23,144
Sophomore (2025-26)$13,132$31,870$23,450
Junior (2026-27)$12,465$31,779$23,786
Senior (2027-28)$11,832$31,738$24,152
4 Years Total$51,264$127,402$94,532
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2025-26)$13,132$31,870$23,450
Sophomore (2026-27)$12,465$31,779$23,786
Junior (2027-28)$11,832$31,738$24,152
Senior (2028-29)$11,230$31,749$24,548
4 Years Total$48,659$127,136$95,937
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2026-27)$12,465$31,779$23,786
Sophomore (2027-28)$11,832$31,738$24,152
Junior (2028-29)$11,230$31,749$24,548
Senior (2029-30)$10,660$31,809$24,974
4 Years Total$46,187$127,074$97,460
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2027-28)$11,832$31,738$24,152
Sophomore (2028-29)$11,230$31,749$24,548
Junior (2029-30)$10,660$31,809$24,974
Senior (2030-31)$10,118$31,917$25,429
4 Years Total$43,840$127,212$99,103

Average Tuition By School Type and Comparison

Compared to four-years schools nationwide, Moody Bible Institute' tuition is lower than the average tuition of $20,937. Compared to private, four-years colleges in Illinois, its tuition is lower than the average tuition of $21,542.
Moody Bible Institute$15,356
U.S. Four-years Colleges$18,672
Public Schools$7,199$12,960
Private Schools$20,937
Illinois Four-years Colleges$19,795
Public Schools$10,585$13,638
Private Schools$21,542

Compare Similar School's Tuition

The next table compares the tuition & fees between Moody Bible Institute and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
Moody Bible InstituteChicago, IL$15,356$9,342
Catholic Theological Union at ChicagoChicago, IL$23,232$23,232
Chicago Theological SeminaryChicago, IL$26,448$38,670
Garrett-Evangelical Theological SeminaryEvanston, IL$23,625$23,520
Lutheran School of Theology at ChicagoChicago, IL$18,360$18,360
McCormick Theological SeminaryChicago, IL$8,640$9,410
Meadville Theological School of Lombard CollegeChicago, IL-$27,414
Northern Baptist Theological SeminaryLisle, IL$13,635$14,135
University of Saint Mary of the LakeMundelein, IL$33,940$33,334
Spertus CollegeChicago, IL$19,400$20,900
Bexley Hall Seabury Western Theological Seminary Federation, Inc.Chicago, IL-$19,845

Financial Aid and COA

At Moody Bible Institute, 1,635 students (86%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $9,846.
After receiving financial aid, the cost of attendance (COA) at Moody Bible Institute is $23,554 for students living on-campus and $24,842 for students living off-campus.
For beginning students (i.e. first-time freshmen), 138 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $10,560 and the average amount of student loans is $6,895.
The financial aid data is based on 2021-2022 statistics from IPEDS.
COA (on-campus)$33,400
COA (off-campus)$34,688
Tuition & Fees$15,356
Indirect Costs (on-campus)$18,044
Indirect Costs (off-campus)$19,332
COA (on-campus) after Receiving Aid$23,554
COA (off-campus) after Receiving Aid$24,842
Average Financial Aid$9,846
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship1,63586%$9,846
Pell Grants67836%$4,046
Federal Student Loan74539%$6,305
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid13890%-
Grants or Scholarships13487%$10,560
Federal Grants4529%$5,234
Pell Grants4529%$4,898
Other Federal Grants1812%$839
State/Local Grants0--
Institutional Grants13185%$9,004
Student Loan Aid5636%$6,895
Federal Student Loans5536%$5,763
Other Student Loans75%$9,878

Admission Stats and Requirements to Apply

Moody Bible Institute's acceptance rate is 97.65%. A total of 298 applicants applied to and 291 students were accepted. Of the admitted students, 166 enrolled finally, and the yield (i.e. enrollment rate) is 57.04%.
To apply to Moody Bible Institute, 4 items are required - Secondary school GPA, Secondary school record, Recommendations and TOEFL (Test of English as a Foreign Language).
Acceptance Rate97.65%96.60%98.68%
Yield (Enrollment Rate)57.04%61.97%52.35%
Secondary school GPARequired
Secondary school rankNeither Required Nor Recommended
Secondary school recordRequired
Completion of college-preparatory programNeither Required Nor Recommended
Formal demonstration of competenciesNeither Required Nor Recommended
Admission test scoresNeither Required Nor Recommended
TOEFL (Test of English as a Foreign Language)Required
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

Student Population

Moody Bible Institute has a total of 2,410 students including 1,753 undergraduate and 657 graduate students. By gender, there are 1,419 male students and 1,187 female students attending Moody Bible Institute. The school offers online degree programs and 739 students enrolled online exclusively (30.66% of all students).
Total2,606 1,4191,187
Undergraduate1,903 980923
Graduate703 439264

Directory & Academic Information

Directory Information
Address820 N LaSalle Blvd, Chicago, IL
Degree & Programs
DegreeUndergraduate, Graduate
Program Offered29 Programs
Online Program Offered5 Online Programs
Graduate Program Offered9 Graduate Programs
Academic Stats
Acceptance Rate94.14%
Student Population2,410
Graduation Rate60%
Transfer-out Rate11%
Retention Rate75% (Full-time), 31% (Part-time)
Students to Faculty Ratio Rate16 to 1
Faculty & Staffs
Number of Faculties68 (Full-time), 156 (Part-time)
Number of Staffs340 (Full-time), 207 (Part-time)
Average Faculty Salary$77,629
Average Staff Salary$67,807