Financial Information

Tuition and Fees

The average cost of a semester of study at the Chicago campus includes tuition, room and board, mandatory fees, and medical insurance, and is estimated at roughly $13,000, depending on course enrollment and student lifestyle preferences. (This does not include books, supplies, or personal expenses). Due to the generosity and sacrificial giving of Moody supporters, Chicago undergraduates may be eligible for full coverage of their tuition cost. See Financial Aid for details and eligibility requirements.

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 with any questions regarding your bill. 

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 into monthly payments (December through April), due on the fifth or twentieth of each month. These are set up through Nelnet, and are withdrawn automatically from a bank account or debit/credit card. There is a non-refundable $60 enrollment fee per semester. For more details about the Moody Payment Plan, please visit Chicago Undergraduate Tuition and Fees.

Methods of Payment

Online Through Nelnet
Students may make payments by debit or credit card* or automatic withdrawal from your U.S. bank account at > Academic Self Service > Student Center > Finances > Nelnet > Finances/Payment Plans/Refunds (Discover, MasterCard, and Visa are accepted).

Students may also use Nelnet to authorize other parties to pay directly 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.

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

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

         **Matriculation deposits may not be made online.

By Mail 
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.

Cash Payments
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 and Wednesday from 8 AM - 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.

Dropping Courses

There are varying financial consequences depending on the date a course is dropped. Please refer to the appropriate Adjustment schedule at > Academic Self-Service > Student Accounts and consult with financial aid before making the decision to drop a class.

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