by our College Data Analytics TeamA large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Moody Bible Institute can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Moody Theological Seminary and Graduate School offer, and what will you qualify for? Keep scrolling for more information. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Moody Bible Institute.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Moody Bible Institute, 90% of first-time, full-time freshmen received some form of financial aid around 128 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $12,742 |
| Institutional grants & scholarships | 78% | $11,876 |
| Federal Pell grants | 38% | $4,952 |
| State/local grants | 0% | — |
| Federal student loans | 38% | $5,957 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Moody Theological Seminary and Graduate School, some 86% of the undergraduate population received grant aid that averaged $11,650 (across approximately 1393 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $11,650 |
| Federal Pell grants | 36% | $4,680 |
| Federal student loans | 42% | $6,850 |
On-campus students receiving title-IV aid were awarded grants averaging $12,106.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,906 |
| $30,001 – $75,000 | $25,146 |
| Over $75,000 | $23,804 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,221 |
| Off-campus title-IV students | $25,007 |
For a personalized estimate based on your family’s financial situation, use Moody Theological Seminary and Graduate School’s net price tool: www.moody.edu/siteassets/website_assets/files/financial-aid/net-price-calculator/npcalc-chicago.html.
The middle student in the debt distribution at Moody Theological Seminary and Graduate School owes $12,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $18,149 |
| Typical 10-year monthly payment (graduates) | $192.41/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,504 |
| Middle income | $12,000 |
| High income | $11,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,959 |
| Independent students | $13,222 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Moody Theological Seminary and Graduate School.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Moody Theological Seminary and Graduate School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2344 |
| Total Stafford loan amount | $38,202,614 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 55 |
| Total GI Bill amount | $327,504 |
| Average GI Bill amount per recipient | $5,955 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $6,658 |
| Average DoD amount per recipient | $2,219 |
References
More about our data sources and methodologies.