Financial Information

Tuition and Fees

Although tuition is covered by financial aid for eligible students*, students are responsible for the cost of room, board, and student fees. The average out-of-pocket cost, not including medical insurance and textbooks, is approximately $6,500 - $7,800 per semester for on-campus students and approximately $1,250 for commuter students. Off-campus housing is not included in the cost for commuter students. 

To estimate your costs per semester, please view the fees online at Chicago Undergraduate Tuition and Fees. Please be advised that this list reflects the most common fees for the current year and are subject to change for the next academic year.

A complete list of Tuition and Fees is found in the Undergraduate Student Catalog.

Payment Options

If students are expecting institutional scholarships, outside scholarships, or loans to help cover their balance and it is not awarded by Moody's due date, students are still responsible for making payments by the due date for the total balance due. Contact studentbookkeeping@moody.edu with any questions regarding your bill. 

* See Financial Aid information for eligibility requirements. 

Payment in Full

Balances are due January 1 for the spring semester. You will be subject to a $25.00 late fee for each month that the bill is not paid in full or you have not enrolled in the Moody Payment Plan. 

Moody Payment Plan

The payment plan allows students to divide the semester's cost of school into monthly payments for fall and spring semesters (July through November for fall, December through April for spring) and two payments for summer (May to June for summer), due on the fifth or twentieth of each month. There is a non-refundable $60 enrollment fee per semester. For details about the Moody Payment Plan, please visit Chicago Undergraduate Tuition and Fees.

This payment plan is available to the entire student body with the exception of International students (F-1 visa status) in their first semester, who must pay the bill in full prior to the beginning of the semester.

Methods of Payment

  1. Students may make payments by debit or credit card* or ACH (direct debit to your bank account) at my.moody.edu > Academic Self Service > Student Center > Finances > Nelnet > Finances/Payment Plans/Refunds (Discover, MasterCard, and Visa are accepted).

Students may also use this portal to authorize other parties to pay toward their school bill. Note that third-party payments (from someone other than the student's custodial parent) should be reported as a resource on the student's FAFSA.

  1.     Others** making payments towards a student's bill may make payments online by debit or credit card* at Non-student payment. (Discover, MasterCard, and Visa are accepted.)

*Payments made by debit or credit card will incur a 2.75% Service fee.

         **Matriculation deposits and outside scholarship payments may not be made online.

 3. Payments by check or money order may be sent payable to:
         Moody Bible Institute
         Attn. Student Accounts
         820 N. LaSalle Blvd. 
         Chicago, IL 60610

    Please include the student's name and ID number on all checks and money orders. Allow 2-3 weeks for mail delivery.

4. Cash payments may be made at the teller window on the 4th floor of Crowell Hall (Chicago only).

Check Cashing

Teller Services is located on the 4th floor of Crowell Hall and is open Monday – Friday, 9 a.m. – noon. Students may cash personal checks up to $50 provided the student's financial obligations to Moody are in satisfactory condition. A personal check is a check a student writes to himself/herself drawn on the student's personal checking account. Checks for cash should be made payable to "cash." Moody student payroll checks may also be cashed at the teller window.

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