by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Moody Bible Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Moody Theological Seminary and Graduate School, 38% of freshmen borrow to help pay for their first year, with a typical loan of $7,365 each — a figure that counts both private and federal student loans.
The average federal loan is $5,957. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Moody Theological Seminary and Graduate School, 42% borrow through federal student loan programs, averaging $6,859 in federal loans per year. That is 15.1% higher than the freshman federal average of $5,957.
Borrowing the same amount each year would add up to roughly $13,718 after two years and $27,436 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 42% |
| Average federal loan per year | $6,859 |
| Undergraduates with a federal loan | 664 |
| Total federal loans (one year) | $4,554,529 |
The median student at Moody Theological Seminary and Graduate School borrows $12,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $18,149 |
| Students who withdrew | $8,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Moody Theological Seminary and Graduate School.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 178 | $12,105 |
| Completed (graduates) | 83 | $13,226 |
| Did not complete | 95 | $11,049 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $157.27/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Moody Theological Seminary and Graduate School.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 104 | $11,002 |
| No Stafford loan this year | 74 | $12,899 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Moody Theological Seminary and Graduate School.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Moody Theological Seminary and Graduate School follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,504 |
| Middle income | $12,000 |
| High income | $11,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,959 |
| Independent students | $13,222 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Moody Theological Seminary and Graduate School.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.