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Can You Really Afford Moody Bible Institute?

Below is the data on what it actually costs to attend Moody Bible Institute, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.

$34,510.00 Cost of Attendance
$22,221.00 Avg Net Price
$12,000.00 Median Grad Debt

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What Does It Cost to Attend Moody Bible Institute?

The total published cost of attendance at Moody Bible Institute stands at about $34,510.00 for a single academic year.

Here the cost is broken out three ways: no aid, average aid, and the aid a low-income student typically receives.

The Full Cost for Students (no aid)

Tuition and fees $15,786.00
+ Room, board & other expenses $18,724.00
Total cost $34,510.00
That is 5% above the national average net price.

After-Aid Net Price for Students (with average aid)

Total cost $34,510.00
− Grants and scholarships −$12,106.00
Net price $22,404.00
That is 32% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $34,510.00
− Grants and scholarships −$13,034.00
Net price $21,476.00
That is 35% below the national average net price.
Explore each piece on tuition and fees and room and board.

Estimating the Total Cost of a Degree at Moody Bible Institute

Costs have trended upward in recent years by around 3.5% per year; the projections below compound that across a degree. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The loan rows amortise the projected total over a ten-year, 6.8% repayment.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.5% 3.5% 3.5%
Freshman year $22,233.00 $23,194.00 $35,727.00
Senior year $24,668.00 $25,734.00 $39,640.00
Total 4-year net price $93,747.00 $97,797.00 $150,642.00
10-year loan interest @ 6.8% $35,714.00 $37,257.00 $57,389.00
Total monthly payment $1,079.00 $1,125.00 $1,734.00
Total amount paid $129,461.00 $135,055.00 $208,032.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.5% 3.5% 3.5%
Freshman year $22,233.00 $23,194.00 $35,727.00
Senior year $23,017.00 $24,011.00 $36,986.00
Total 2-year net price $45,250.00 $47,205.00 $72,713.00
10-year loan interest @ 6.8% $17,239.00 $17,984.00 $27,701.00
Total monthly payment $521.00 $543.00 $837.00
Total amount paid $62,489.00 $65,189.00 $100,414.00

For the complete net-price picture, see the net-price section.

After-Aid Net Price at Moody Bible Institute

The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.

Average net price (on-campus) $22,221.00
Average net price (off-campus) $25,007.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. The figures below give average net price by income bracket:

Family income Average net price
Under $30,000 $26,309.00
$30,000 to $48,000 $25,436.00
$48,001 to $75,000 $24,872.00
$75,001 to $110,000 $23,741.00
Over $110,000 $23,883.00

Get a tailored estimate from the Moody Bible Institute Net Price Calculator, or contact the financial aid office.

Dig into how aid is awarded on the financial aid breakdown.

Borrowing and Debt at Moody Bible Institute

Median graduate debt at Moody Bible Institute amounts to $12,000.00, which federal data classifies as a Low ($10-20k) burden tier.

For the full borrowing and repayment picture, see the student-loan-debt breakdown.

Debt by Family Income at Moody Bible Institute

Student debt at graduation is not evenly distributed across income levels. Below, debt is broken out by low, middle, and high family income:

Family income Median debt at graduation
Low income $13,504.00
Middle income $12,000.00
High income $11,000.00

Low-income borrowers graduate with $2,504.00 more debt than their high-income peers.

How Debt Varies by First-Generation Status at Moody Bible Institute

First-gen students typically face different financial-aid contexts than students whose parents attended college.

Student group Median debt at graduation
First-generation students $12,000.00
Continuing-generation students $12,500.00

Pell-Eligible Debt Outcomes at Moody Bible Institute

Pell Grants are the largest source of federal need-based aid for undergrads. Pell vs non-Pell comparisons surface how debt breaks down by need.

The Pell-versus-non-Pell median debt difference at Moody Bible Institute comes to $3,000.00. This school carries a federal Pell-debt-inequity flag.

Loan Default & Repayment at Moody Bible Institute

The default-rate category at Moody Bible Institute is Low (<5%).

For scale, federal Stafford loan disbursements at Moody Bible Institute amount to $38,202,614.00 distributed across 2,344 loan recipients.

Veterans Aid at Moody Bible Institute

Veterans and current servicemembers may be eligible for major federal education benefits like the Post-9/11 GI Bill and DoD tuition assistance.

GI Bill recipients 55
Avg GI Bill amount $5,955.00
DoD Tuition Assistance recipients 3
Avg DoD Tuition Assistance $2,219.00

Explore GI Bill and military aid in detail on the veterans benefits detail.

Questions Worth Asking

Use the figures above as a launch point, then think through Moody Bible Institute, a few questions are worth asking:

Dig Deeper for Moody Bible Institute

Explore the related pages below for a deeper look at the cost picture:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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