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Financial Aid

How Moody’s Financial Aid Really Helps You

You can get the best online education and save money while you do

Are you worried about paying for college? Moody wants to help you! Earning your degree online saves your on-campus housing money, and lets you keep your current job. The cost of your degree from Moody Bible Institute Distance Learning can be offset by scholarships and grants. You can graduate with little or no debt and pursue your chosen field with experience and knowledge. We’re committed to your success.

Wondering what’s left?

We know paying your tuition could still seem like a lot, and Financial Aid can be tricky. We’re here to walk you through the process so you get a high-quality education without breaking the bank.

Your available types of financial aid

Scholarships and Grants

Scholarships and Grants
You can get multiple scholarship and grants from various sources.
(You never repay these.)

Student Employment

Student Employment
Keep your current job and current salary. 

Federal Loans

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

Private Loans
You can receive consumer loans when Federal loans don’t cover enough.
(You pay this back.)

Veteran Benefits

Veteran Benefits
Apply your veterans benefits towards your degree.

FAFSA

FAFSA
Free Application for Federal Student Aid.

What’s 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?

  1. Fill out your FAFSA.
  2. After FAFSA is filled out, Moody tells you what your financial aid awards are.
  3. Your aid is applied to your bill.
  4. You pay what’s left. The payment plan helps you spread out the cost over time.