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Tuition and Fees

Tuition and Fees

All students are expected to become familiar with the financial obligations they will incur while attending Moody Theological Seminary and Graduate School.

Approximate semester expenses do not include books, supplies, fees, medical insurance or personal expenses.

Moody Theological Seminary and Graduate School students are required to pay their bills, in full, by the first day of classes each semester or to enroll in the Moody Payment Plan.

If students are expecting institutional scholarships, outside scholarships, stipends, or loans to help cover their balance and they are not awarded by Moody’s due date, students are still responsible to make payments on time for the amount due. Enrollment in the payment plan or financial aid received after the payment due date will not negate any late fees previously applied. All balances outstanding after the pay in full due date are subject to late payment fees and past due holds unless the student is enrolled in the Payment Plan by that date and current with payments.
 

Methods of Payment

  1. Students may make payments online through my.moody.edu > Students tab > Student Center > Finances > Nelnet > Finances / Payment Plans / Refunds. Payments may be made by bank account, credit or debit card* (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.

  2. Others making payments towards a student’s bill may make payments online with a credit or debit card* at Moody’s Non-Student Payment website (Discover, MasterCard, and Visa are accepted*).

  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

*Payments made by credit/debit card may incur a 2.75% Service fee.

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

  • Tuition and Fees
  • Medical Insurance
  • Moody Payment Plan

Semester Program Costs

Estimated Cost (per semester)
9 credit hours $4,300

 

Fees
Application Fee (non-refundable– Due at time of submitting application $50
Tuition (per credit hour) – Credit (effective July 1, 2020) $460
Student Fees (per semester, required)
Faculty Development fee $50
Instructional Supplement fee* (per class) $20
Insurance Handling fee (if insurance is required or taken) $20
Library fee $30
Other Fees as Applicable
Certificate or Degree extension fee $50
Graduation fee $125
Insurance Late Form fee $10
Late payment fee, monthly $25
Payment plan enrollment fee $60
Returned payment from bank account or check fee $30
Validation Exam fee $100


All prices quoted are subject to change without notice.

*INSTRUCTIONAL SUPPLEMENT FEE
This fee helps supplement the costs for labor and material for additional notes and equipment used in most classes. Among other things this means that students, for the most part, will not have additional expenses for class notes required by the professor.

All full-time status residential students (students living in Moody-owned housing) on the Chicago campus, international students on all campuses (living on-campus and off-campus), and all BSMAT students attending on-campus courses are required to be covered by Moody’s health insurance plan or an approved alternate plan for the entire time that they are enrolled as a student, including breaks between semesters. Students are responsible for full compliance with all terms and conditions of their insurance policy, for following the payment policy of the health care provider, office, clinic, or hospital from which they receive services, and any expenses not covered by their insurance (deductibles, copayments, excluded items and services, etc.) This may mean that payment is required at the time of service. All required students will be automatically enrolled in Moody Student Insurance and charged the individual plan premium unless a waiver is received.

Commuter students are eligible to participate in Moody’s health insurance plan provided that one or more of the following conditions apply: Full-time status; students completing their student teaching requirements; or graduating seniors in their final semester. All international students with F-1 status, their spouses, and dependent children are required to carry health insurance when those dependents are living with the student, and may not waive Moody’s health insurance plan. Dependent coverage is only available for international students.

Listed below are the prices for Moody’s student health insurance plan for the 2020–2021 academic year. A separate $20 insurance handling fee is assessed to each student, per semester, whether Moody insurance is taken or waived.

Insurance Premium
Policy Fall 2020 Spring and Summer 2021
Student $828 $1,285
Additional family member
(international only)
$828 each $1,285 each


Please note the following:

  • If both husband and wife are students, they may each enroll under the Individual plan.
  • Waivers submitted after August 1 (fall) and December 19 (spring) will be subject to a $10 late form fee. Please note that waivers submitted after this date may not be accepted and/or be able to be processed.
  • Waivers submitted after this date may not be accepted and/or be able to be processed.
  • Students who withdraw 31 days after August 11, 2020 (Fall) or January 1, 2021 (Spring) will not be refunded for the insurance premium.

Moody Payment Plan

The Moody Payment Plan is an interest-free alternative to a lump sum payment of the student bill. It is administered by the Student Accounts Office in Moody Central. The plan is available to all students with the exception of international students (F-1 Visa holders) attending their first semester.

This plan allows the semester total to be split into monthly payments (see table below).
 

Enrollment and Activation

Students are eligible to enroll in the Moody Payment Plan each semester. Enrollment requires a down payment and a non-refundable $60 enrollment fee.

Summer 2020 Payment Plan is available on April 3, 2020.

Last Day to
Enroll Online
Required
Down Payment
Number of
Payments
Payment Dates
Payments on the 5th
April 24 30% 2 May & June 5th
May 24 50% 1 June 5th only
Payments on the 20th
May 9 30% 2 May & June 20th 
June 11 50% 1 June 20th only 

NOTE: All down payments are processed immediately!

 

For additional information about the Moody Payment Plan, please log in to your my.moody.edu Student Center and click on "Finances/Payment Plans/Refunds" or contact paymentplan@moody.edu or (312) 329-4223.