The cost of a semester of study at the Chicago campus includes room and board, student activity fee, Ventra U-Pass, facilities fee, technology fee, medical insurance, books and supplies, personal expenses and fees for some courses and majors (see Course Fees). Students may opt-out of the student health insurance plan if they have other insurance (see Medical Insurance).

Room, board, and student fees, required of all students in residence, total approximately $5,900-$6,900 per semester for students housed in a double-occupancy room. The cost of books and supplies is estimated at $500 per semester, personal expenses may total $500-$700 per semester, depending on the student’s needs and desires. Special fees for music and other course fees are listed in the fees section. Students may estimate their semester expenses by totaling all applicable fees, plus personal items.

A student can combine multiple types of aid, including Financial Aid, to pay these costs and fees. These fees are not covered by the Tuition-Paid education.

If students are expecting institutional aid to help cover their balance and it is not awarded by the Institute’s due date, they are still responsible to make payments on time.

Balances are due in full August 1 for the fall semester, December 1 for the spring semester, and May 1 for the summer term, unless the student is enrolled in the Campus Payment Plan. A $25 late fee will be charged if the account balance is not received by the Institute’s due date.

Methods of Payment

1.     Students may make payments online through the student portal by debit/credit card. (Visa or MasterCard only)

         Others* making payments towards a student's bill may make payments online with a debit/credit card at Non-student payment. (Visa or MasterCard only)

         *Outside scholarship payments may not be made online.  

2.     Payments by check or money order** may be sent payable to:

            Moody Bible Institute
            Department #1018
            P.O. Box 6500
            Chicago, IL 60680-6500

        **Please include student name and ID number on all checks and money orders


Thanks to the generosity of Moody's partners, full-time undergraduate students at the Chicago campus receive a tuition-paid education, enabling them to graduate and begin ministry quickly without the burden of student loans.

Tuition-Paid Model: How Does it Work?

BI - Financial Aid - Chicago Tuition Paid1. Student is charged tuition, room and board and other costs and fees.

2. Student completes process for receiving Federal Financial Aid.
Aid is applied to tuition. The use of Federal Pell Grants allows Moody to use gifts from donors toward more students.

3. Chicago Undergraduate Tuition Grant covers remaining tuition.

4. Student covers room and board and other costs and fees.

How Does This Differ From Tuition-Free?

A tuition-paid model is often confused with a tuition-free model, in which an institution does not charge tuition. Moody does charge tuition, but this tuition is covered by the process explained above.

Course Fees

In some courses, fees for materials or resources are required. These fees are not covered by the tuition-paid education. Please see the Academic Catalog  for more information.

Room and Board 

Moody Bible Institute requires that all unmarried undergraduate students live on campus for the duration of their education at Moody unless an exception is made for extenuating circumstances. Moody requires this for a number of reasons, including students’ safety, community life, and campus occupancy. Rates for all students are based on actual costs and are subject to change without notice. No allowance will be granted for meals missed.

The number of single rooms for women is limited. No single rooms are available for men. All rooms are furnished with beds, dressers, desks, closets, and bookcases for the intended number of occupants. Students must supply their own linens, blankets, pillows, and other accessories.

During spring, summer, and winter break periods, single students must make a reservation at an additional cost to stay on-campus. Students planning to stay in campus housing during the winter break must be returning to on-campus for the following semester. This information is not applicable to Jenkins Hall residents; the Residence Life office will provide more information to these residents via email. Students who stay on-campus over spring, summer, or winter break may be eligible to have their room partially paid for by an Institute department that employs them, if approved.

Married students are not required to live on campus, but may apply to live on campus in Jenkins Hall by contacting Residence Life at 312-329-4189 or Availability is limited and offered on a first come, first served basis. Other resources for locating area housing are also available through the Residence Life Office.

Room RatesPer Semester
Culbertson Hall, Dryer Hall, Houghton Hall, Smith Hall

Double (per person)
Triple (per person) 

Smith Hall Apartments



Jenkins Hall
Double (per person)
Triple (per person)
20 meals (per week)
15 meals (per week)
10 meals (per week - Available to Jenkins Hall residents only)
Required Fees 
Campus Network fee (on campus only)     $   100
Facilities fee$   280
Insurance Handling fee$     20
Student Activity fee$   432
Technology fee$   210
Ventra U-Pass$   140
Other Fees as Applicable  
Commuter locker/Organizational key$     25
Credit by examination fee$   100
First Year Transition fee$     60
Graduation fee$   125
Intermission fee, per semester$   200
Late payment fee$     25
Late payment plan enrollment fee$     10
New Student Orientation$   100
Parking fee (per vehicle, per semester)$   150
Payment plan enrollment fee, per semester$     50
Tuition, over 18 credit hours, per credit hour$   310
Music Fees: Private Music Lessons
Voice, piano, composition, organ, or other on-campus instruments, per semester (includes practice fee)    
One half-hour lesson$   410
One hour lesson$   820

A complete listing of fees can be found in the Academic Catalog 

Medical Insurance

All Chicago campus residential students and international students (including spouses and children)  are required to be covered by a health insurance plan that provides for hospitalization and medical-surgical coverage in the event of sickness or accident for the entire time they are enrolled as a student. This includes breaks between semesters. 

A student may choose to enroll in the Moody Bible Institute Student Health Insurance Plan or be covered by another insurance plan. If a student chooses another insurance plan, he or she must provide Moody with evidence that insurance coverage is in effect by submitting a completed Waiver of Insurance form and a copy of both sides of the current insurance card once each school year, prior to the fall semester (or the first semester of the school year during which the student is enrolled). 

Commuter students are eligible to participate in the MBI Student Health Insurance plan provided that one or more of the following conditions apply:

  1. Full-time status
  2. Educational Ministries students completing their student teaching
  3. Graduating seniors in their final semester

Enrollment and waiver forms can be found on

All students are personally responsible for any health care expenses not covered by their insurance, (deductibles, co-payments, excluded items and services, etc). Students are responsible for knowing and following the procedures of their insurance company, including remaining current with any forms to be submitted, and for following the payment policy of the health care provider, office, clinic or hospital from which they receive services; this may mean that payment is required at the time of service.

Listed below are the prices for student health insurance for the 2015–2016 academic year, for those students who do not have their own insurance and choose to enroll in the MBI plan. A separate handling fee of $20 per semester will be assessed to each student (if insurance is required or taken), regardless of the type of coverage. 

Individual Plan(see dependent coverage below)
Fall Semester 2016 $827
Spring Semester 2017 $1,237

Optional Dependent Coverage

Available to any eligible student's dependent(s).

  Fall 2016 Spring 2017
Student and Spouse* $1,654 $2,474
Student and Family $2,481 $3,711
Student and Child(ren) $1,654 $2,474

* If both husband and wife are students, they may each enroll as single students in the Individual Plan.

International Students

International Students desiring to waive Moody's insurance plan must be covered by an insurance company based in the United States.

For additional information about the Moody Student Health Insurance Plan, please visit or contact the Student Health Insurance Coordinator at (312) 329-4367 or

Campus Payment Plan

The Campus Payment Plan is an interest free alternative to a lump sum payment of the student bill. It is administered by the Student Receivables Coordinator in the Student Accounts office in Moody Central. The plan is available to all campus 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 five payments due the first of each month (see Payment Plan enrollment and due dates below). There is a minimum balance requirement of $1,000 to be eligible for the Campus Payment Plan.


Student Bill total for semester$6,000
Payments per month$1,200
($6,000 divided by 5 months of payments)

Student fees or fines can be added throughout the semester. The student is responsible to monitor his or her account to make sure their monthly payment includes any of the added fees. 

Enrollment and Activation

The Campus Payment Plan open enrollment dates are May 1 – June 30 for the fall semester and October 1 – November 30 for the spring semester. There is a non-refundable $50 enrollment fee per semester. Students may choose to participate in the plan for one or both semesters. 

Students who have enrolled in the Fall Semester, and have paid their Fall balance in full by November 1, will be automatically enrolled for the Spring Semester unless they opt out by November 30. Students must have a $0 balance from the prior semester to be eligible for the next semester. It is the student's responsibility to enroll in the payment plan each academic year.

Campus Payment Plan Enrollment and Due Dates:

Semester Enrollment DateMinimum per semester Payments due the first of each month
Fall May 1 – June 30
Fee: $50
$1,000 July , August, September, October, November
Spring Auto-Enroll Opt Out Deadline: November 30
Spring October 1 – November 30
Fee: $50
$1,000 December, January, February, March, April
Other Fees *Late Payment Plan form :$10  **Late Monthly Payment: $25  Returned ACH/Check Fee: $25

*Enrollment forms submitted after the above dates will be charged an additional $10 late fee.
New students have until Orientation Day to enroll in the payment plan without being charged late fees, but will need to make two payments at that time.

**Late fees are assessed on the 8th of each month. (Late fees are assessed for late payments or underpayments.)

For additional information about the Campus Payment Plan, please log in to your student portal (current students) > Students tab > Moody Central  >Student Accounts > Moody Payment Plan Enrollment or contact the Student Receivables Coordinator at or (312) 329-4223.


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More Info

Chicago Tuition and Fees Quick Guide (pdf)

What is tuition paid?

  • Why Tuition-Paid? | Moody Bible Institute

    Moody alumnus Micah Bournes explains how Moody Bible Institute's tuition-paid education helped him focus on ministry after graduation.

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