Moody Bible Institute

www.moody.edu

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2023 Undergraduate Tuition

$12,768

6.67% growth from 2022

2023 Average Net Price

$23,950

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

97.5%

244 Applicants

2023 Enrolled Students

2,216

65.5% Full-Time

2023 Graduation Rate

62.5%

167 Graduates

About

Moody Bible Institute is a higher education institution located in Cook County, IL. In 2023, the most popular Bachelors Degree concentrations at Moody Bible Institute were Other Theological & Ministerial Studies (107 degrees awarded), Missionary Studies & Missiology (74 degrees), and Other Theology & Religious Vocations (66 degrees).

The median undergraduate tuition at Moody Bible Institute is $12,768, which is $−2,396 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Moody Bible Institute was 0%, corresponding to 0 out of the 429 total borrowers.

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

In 2023, the median undergraduate tuition at Moody Bible Institute is $12,768, which is $2,396 less than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $23,950.

In 2023, 79% of undergraduate students attending Moody Bible Institute received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

In 2023, the cost of tuition at Moody Bible Institute was $12,768. The cost of tuition at Moody Bible Institute is $−2,396 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Moody Bible Institute (in red) with those of other similar universities.

Average Net Price

$23,950

2023 Value

12.1%

1 Year Growth

In 2023 Moody Bible Institute had an average net price — the price paid after factoring in grants and loans — of $23,950. Between 2022 and 2023, the average net price of Moody Bible Institute grew by 12.1%.

This chart compares the average net price of Moody Bible Institute (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$12,285

Room and Board

$932

Books and Supplies

The average yearly cost of room and board at Moody Bible Institute was of $12,285 in 2023. The cost of room and board increased by 2.63% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $932. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Moody Bible Institute (in red) with that of similar universities.

Financial Aid by Income Level

79%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Moody Bible Institute received financial aid through grants or loans in 2023. This represents a decline of 8.14% with respect to 2022, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Moody Bible Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Moody Bible Institute was 0%, which represents 0 out of the 429 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Moody Bible Institute received 244 undergraduate applications in 2023, which represents a 24.7% annual growth. Out of those 244 applicants, 238 students were accepted for enrollment, representing a 97.5% acceptance rate.

There were 2,216 students enrolled at Moody Bible Institute in 2023. 30% of first-time enrollees submitted SAT scores with their applications.

Moody Bible Institute has an overall enrollment yield of 68.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

97.5%

Acceptance Rate in 2023

238

Accepted Out of 244

In 2023, the undergraduate acceptance rate of Moody Bible Institute was 97.5% (238 admissions from 244 applications). This is higher than the acceptance rate of 2022, which was 94.1%. Between 2022 and 2023, the number of applicants declined by 24.7%, while admissions declined by 22%.

This chart compares the acceptance rate of Moody Bible Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

30%

Submission Percentage (2019)

Scores Submitted (2019)

30% of enrolled first-time students at Moody Bible Institute in 2019 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Moody Bible Institute had a total enrollment of 2,216 students in 2023. The full-time enrollment at Moody Bible Institute is 1,452 students and the part-time enrollment is 764. This means that 65.5% of students enrolled at Moody Bible Institute are enrolled full-time.

The enrolled student population at Moody Bible Institute, both undergraduate and graduate, is 56.9% White, 9.34% Black or African American, 7.81% Hispanic or Latino, 3.88% Asian, 3.11% Two or More Races, 0.271% American Indian or Alaska Native, and 0.0903% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Moody Bible Institute in full-time Undergraduate programs are most commonly White Female (31.3%), followed by White Male (30.2%) and Hispanic or Latino Male (5.02%). Students enrolled in full-time Graduate programs are most commonly White Male (29.5%), followed by White Female (15.5%) and Black or African American Female (8.55%).

Full-Time vs Part-Time Enrollment

65.5%

Full-Time Enrollment

The total enrollment at Moody Bible Institute in 2023, both undergraduate and graduate, is 2,216 students. The full-time enrollment at Moody Bible Institute is 1,452 and the part-time enrollment is 764. This means that 65.5% of students enrolled at Moody Bible Institute are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Moody Bible Institute (in red) compares to similar universities.

Retention Rate over Time

90%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Moody Bible Institute was 90%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Moody Bible Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Moody Bible Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,262 enrolled students
Black or African American
207 enrolled students
Hispanic or Latino
173 enrolled students

The enrolled student population at Moody Bible Institute is 56.9% White, 9.34% Black or African American, 7.81% Hispanic or Latino, 3.88% Asian, 3.11% Two or More Races, 0.271% American Indian or Alaska Native, and 0.0903% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 171 students (7.72%) did not report their race.

Graduates

The most common Bachelor's Degree concentration at Moody Bible Institute is Other Theological & Ministerial Studies (107 degrees awarded), followed by Missionary Studies & Missiology (74 degrees) and Other Theology & Religious Vocations (66 degrees).

In 2023, the most specialized majors across all degree types at Moody Bible Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (570 degrees awarded), Health (21 degrees), and Education (3 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Moody Bible Institute are Registered nurses (1,494,841 people), Elementary & middle school teachers (1,491,282 people), Secondary school teachers (475,937 people), Education administrators (259,526 people), and Special education teachers (205,489 people).

The most specialized majors at Moody Bible Institute in 2023 are Theology (570 degrees awarded), Health (21 degrees), and Education (3 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Moody Bible Institute are Surgeons, Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, and Magnetic resonance imaging technologists

The most specialized majors at Moody Bible Institute are Theology (570 degrees awarded), Health (21 degrees), and Education (3 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Moody Bible Institute are Elementary & secondary schools (2,818,161 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,577,070 people), Colleges, universities & professional schools, including junior colleges (318,429 people), Outpatient care centers (277,854 people), and Offices of physicians (224,415 people).

The most specialized majors at Moody Bible Institute are Theology (570 degrees awarded), Health (21 degrees), and Education (3 degrees) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Moody Bible Institute.

N/A

Most Common (2023)

N/A degrees awarded

In 2023, the most common bachelors degree concentration at Moody Bible Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Moody Bible Institute according to their major.

Operations

Moody Bible Institute has an endowment valued at nearly $50.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 16.8M (33.6%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Moody Bible Institute had a total salary expenditure of 116M. N/A N/A

Endowment

$50.2M

2023 Endowment

15.5%

growth from 2022

Moody Bible Institute has an endowment valued at about $50.2M, as of the end of the 2023 fiscal year. The endowment of Moody Bible Institute grew 15.5% from the previous year. The value of their endowment was $37.7M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Moody Bible Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.