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. 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 housing@moody.edu 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 Seminary Payment Plan.

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

Methods of Payment

1.     Students may make payments online through the my.moody.edu student portal by debit/credit card. (Discover, Visa, or MasterCard are accepted)

        Others* making payments towards a student's bill may make payments online by debit/credit card at Non-student payment. (Discover, Visa, or MasterCard are accepted)

        *Matriculation deposits and outside scholarship payments may not be made online through this link.  

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 # on all checks and money orders and allow 2-3 weeks for mail delivery. 

Semester Program Costs


 Tuition and Fees

Application Fee (non-refundable)                      Due at time of submitting application   $50
Matriculation Deposit                                         Due at time of acceptance   $100
     
Approximate cost per semester (9 credit hours)   $3,830
     
Tuition (per credit hour)    
Credit (effective July 1, 2016)   $410

 

Student Fees (per semester, required)    
Faculty Development fee (per semester)   $50
Instructional Supplement fee (per class)   $20*
Library fee (per semester)   $30
     
Other Fees as Applicable    
Certificate or Degree extension fee   $50
Graduation fee   $125
Insurance handling fee (if required or taken)   $20
Late payment fee   $25
Payment plan enrollment fee   $50
Returned ACH/Check fee   $25
Thesis Continuation fee   $110**

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.

**THESIS CONTINUATION FEE
This fee is charged each semester after Research Methods and Thesis until a grade has been received for the thesis. The fee is the equivalent of the tuition for one credit hour of class. The fee compensates for the administrative costs surrounding the continued monitoring of a thesis. The fee is charged beginning in the fall semester following the student's comple­tion of Research Methods and Thesis. It applies to students currently writing a thesis for any degree program. The fee applies to fall and spring semesters.

Michigan seminary 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 my.moody.edu.

All international students in Michigan (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 my.moody.edu.

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. 

Plans


  
Individual Plan (see dependent coverage below)
Fall Semester 2015
Spring Semester 2016
$912
$1,365


Optional Dependent Coverage


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

 Fall 2015Spring 2016
Student and Spouse*
Student and Family
Student and Child(ren)
$2,873
$3,909
$1,948
$4,301
$5,857
$2,921

* 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 www.cirstudenthealth.com/moody or contact the Student Health Insurance Coordinator at (312) 329-4367 or studenthealthinsurance@moody.edu.

Seminary Payment Plan


 

  • The Seminary Payment Plan is administered by the Student Accounts Coordinator located in the Student Accounts Office in Moody Central. There is a $50.00 enrollment fee per semester to join the plan. This fee is nonrefundable and due at the time of enrollment.
  • This is an interest free plan; you can use this plan and pay monthly without accruing interest or having a large debt at the time of graduation.
  • Choose the number of months (three to five) to spread your installment payments. The installment period is interest free.
  • There are due dates for making monthly payments.  A $25.00 late fee may be charged for late payments.
  • International students (F-1 Visa status) are not eligible for the payment plan in their first semester of attendance.

 

For additional information about the Seminary Payment Plan, please contact the Student Accounts Coordinator at student.accounts@moody.edu or (312) 329-4223.

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More Info

MTS Michigan Tuition and Fees Quick Guide (pdf)

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