Financial Aid at Moody Bible Institute
How Moody’s Financial Aid helps you:
You can get the best education and save money while you do.
Are you worried about paying for college? Moody wants to help! The cost of your degree from Moody can be offset by several types of financial aid—making it possible for you to graduate with as little debt as possible. We’re committed to your success.
What is FAFSA?
The Free Application for Federal Student Aid is how Moody determines what your financial needs are. Every undergraduate student fills out a FAFSA application, which Moody uses to award all scholarships and grants. Your FAFSA also counts as your application for Federal Loans.
Wondering how to get financial aid?
- Fill out your FAFSA application.
- After FAFSA is filled out, Moody tells you what your financial aid awards are.
- Your aid is applied to your bill.
- You pay what’s left. The payment plan helps you spread out the cost over time.
The Office of Student Financial Services
The Office of Student Financial Services is committed to assisting students in the federal financial aid process. The following resources are made available to help students determine eligibility for various federal aid opportunities.
Helpful Information
Homelessness Resources
If you or a student you know are facing homelessness, Moody has compiled a list of resources in the Chicago area that can provide assistance on our homelessness resources page.
Your Available Types of Financial Aid
Scholarships and Grants
You can get multiple scholarship and grants from various sources.
(You never repay these.)
Student Employment
Keep your current job and current salary.
Federal Loans
With at least four and a half credits per semester you’re eligible for a low-interest loan.
(You pay this back.)
Private Loans
You can receive consumer loans when Federal loans don’t cover enough.
(You pay this back.)
Veteran Benefits
Apply your veterans benefits towards your degree.
FAFSA
Free Application for Federal Student Aid.