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. Graduate students may choose to live on- or off-campus. Chicago on-campus housing is available, but limited. Please direct housing inquiries to Residence Life at or 312-329-4189. Graduate students have the option to include a meal plan. Please direct inquiries to Food Services 312-329-4324.

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.

Methods of Payment

1. Students may make debit/credit card payments at by opening the Student Center and clicking on “Finances/Payment Plans/Refunds” (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. 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 student name and ID # on all checks and money orders. Allow 2-3 weeks for mail delivery.

Semester Program Costs

Estimated Cost (per semester)
On-campus student (9 credit hours)   $10,101
Off-campus student (9 credit hours)   $4,136


These prices include tuition, room, and fees (on-campus). They do not include books, supplies, medical insurance or personal expenses.

Tuition and Fees

Application Fee (non-refundable)                      Due at time of submitting application   $50
Matriculation Deposit                                          Due at time of acceptance   $100
Tuition (per Credit hour)    
Credit (effective July 1, 2017)   $420



 Student Fees (per semester, required)    
Campus Network fee (per semester, required if living on campus)   $100
Student activity fee (per credit hour, caps at 9 credits)   $20
Student Council fee (per credit hour)  


Ventra U-Pass* (per semester)  


Other Fees as Applicable    
Certificate or Degree extension fee   $50
Graduation Fee   $125
Insurance Handling Fee* (per semester if required or taken) *See Insurance   $20
Late Payment fee   $25
Logos Software, per semester**        $300
Parking Fee (per vehicle, per semester)   $175
Payment plan enrollment fee, per semester   $60
Retreat Fee (variable)   $10-$30
Returned ACH/Check Fee   $25

 * The U-PASS fee is applied to all students taking 9 credits or more with minimum of one on-ground Chicago campus course.
**This fee is charged for four semesters to all incoming MTS students for whom Logos Software is required. 

HOUSING (per semester)    
Jenkins Apartments    
Married/Single   $5,845
Double, per person   $3,995
Triple, per person   $3,315
Security Deposit* (one-time payment)   $250
Modular Housing (per class)       $189
Board (per semester)    
10 meals per week (available to Jenkins Hall residents only)   $1,630

All prices quoted are subject to change without notice

*The Security Deposit for Jenkins Hall apartments is held until the student moves out. The Deposit is returned to the student upon request at move out less any damages to the apartment beyond normal wear and tear. 

Graduate students may choose to live on- or off-campus. Chicago on-campus housing is available, but limited. Please direct housing inquiries to Residence Life at or 312-329-4189. Graduate students have the option to include a meal plan. Please direct inquiries to Food Services at 312-329-4324

**For a complete list of fees please see the Academic Catalog

Medical Insurance

Chicago graduate students are eligible to participate in the MBI Student Health Insurance Plan provided that they are full-time status (9 or more credit hours). Enrollment forms can be found on

All Chicago 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). The insurance policy must be with a company based in the United States. 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 2017-2018 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 2017
Spring/Summer Semester 2018

Optional Dependent Coverage

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

  Fall 2017 Spring/Summer 2018
Student and Spouse*
Student and Family
Student and Child(ren)

* 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 (312) 329-4223 or

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 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 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.

Spring 2018 Payment Plan is available on November 3, 2017

Last Day to
Enroll Online
Down Payment
Number of
Payment Dates
Payments on the 5th
November 24 10% 5 Dec-April 5th
December 24 20% 4 Jan-April 5th
January 25 25% 3 Feb-April 5th
February 22 40% 2 March & April 5th
March 27 60% 1 April 5th only
Payments on the 20th
December 11 10% 5 Dec-April 20th
January 9 20% 4 Jan-April 20th
February 8 25% 3 Feb-April 20th
March 9 40% 2 March & April 20th
April 10 60% 1 April 20th only

NOTE: All down payments are processed immediately!

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


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MTS Chicago Tuition and Fees Quick Guide (pdf)

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