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 |
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| On-campus Expenses | $4,502 |
|---|
| Off-campus Room & Board | $11,960 |
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| Off-campus Expenses | $6,440 |
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| 2023-2024 Estimates |
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| Tuition & Fees | $16,450 |
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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.
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.
| In-State | Out-of-State |
|---|
| Moody Bible Institute | $15,356 |
|---|
| U.S. Four-years Colleges | $18,672 |
|---|
| Public Schools | $7,199 | $12,960 |
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| Private Schools | $20,937 |
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| Illinois Four-years Colleges | $19,795 |
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| Public Schools | $10,585 | $13,638 |
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| Private Schools | $21,542 |
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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.
| Location | Undergraduate | Graduate |
|---|
| Moody Bible Institute | Chicago, IL | $15,356 | $9,342 |
|---|
| Catholic Theological Union at Chicago | Chicago, IL | $23,232 | $23,232 |
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| Chicago Theological Seminary | Chicago, IL | $26,448 | $38,670 |
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| Garrett-Evangelical Theological Seminary | Evanston, IL | $23,625 | $23,520 |
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| Lutheran School of Theology at Chicago | Chicago, IL | $18,360 | $18,360 |
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| McCormick Theological Seminary | Chicago, IL | $8,640 | $9,410 |
|---|
| Meadville Theological School of Lombard College | Chicago, IL | - | $27,414 |
|---|
| Northern Baptist Theological Seminary | Lisle, IL | $13,635 | $14,135 |
|---|
| University of Saint Mary of the Lake | Mundelein, IL | $33,940 | $33,334 |
|---|
| Spertus College | Chicago, IL | $19,400 | $20,900 |
|---|
| Bexley Hall Seabury Western Theological Seminary Federation, Inc. | Chicago, IL | - | $19,845 |
|---|
Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Moody Bible Institute has increased by 42.46% over the past 10 years from $11,356 to $15,356. The graduate tuition & fee has increased by 19.39% from $7,463 to $9,342.
The living costs increased by 3.07% last year and 17.05% over the past 10 years.
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.
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).
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).
| Total | Male | Female |
|---|
| Total | 2,606 |
1,419 | 1,187 |
|---|
| Undergraduate | 1,903 |
980 | 923 |
|---|
| Graduate | 703 |
439 | 264 |
|---|
Directory & Academic Information
| Directory Information |
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| Address | 820 N LaSalle Blvd, Chicago, IL |
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| Phone | 312-329-4000 |
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| WEB | www.moody.edu |
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| Degree & Programs |
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| Degree | Undergraduate, Graduate |
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| Program Offered | 29 Programs |
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| Online Program Offered | 5 Online Programs |
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| Graduate Program Offered | 9 Graduate Programs |
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| Academic Stats |
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| Acceptance Rate | 94.14% |
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| Yield | 57.05% |
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| Student Population | 2,410 |
|---|
| Graduation Rate | 60% |
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| Transfer-out Rate | 11% |
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| Retention Rate | 75% (Full-time), 31% (Part-time) |
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| Students to Faculty Ratio Rate | 16 to 1 |
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| Faculty & Staffs |
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| Number of Faculties | 68 (Full-time), 156 (Part-time) |
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| Number of Staffs | 340 (Full-time), 207 (Part-time) |
|---|
| Average Faculty Salary | $77,629 |
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| Average Staff Salary | $67,807 |
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