Moody Bible Institute

Chicago, IL · Private nonprofit · Graduate degree-granting

Located in Chicago, Illinois, Moody Bible Institute is a private nonprofit institution, accredited by the Association for Biblical Higher Education, Commission on Accreditation. With 1,510 students, it is a small institution. Graduates earn a median of $45,399 ten years after enrollment, which is 11% above the national median of $40,747. On the academic side, the graduation rate is 62.1%. For cost considerations, median graduate debt is $18,149, yielding an earnings-to-debt ratio of 2.5x. The average net price after financial aid is $22,221 per year. The most popular programs include Theological and Ministerial Studies, Missions/Missionary Studies and Missiology, Theology and Religious Vocations, Other, Pastoral Counseling and Specialized Ministries, and Bible/Biblical Studies.

Key Outcomes

Median Earnings (10yr)

$45,399

Graduation Rate

62.1%

Median Debt

$18,149

Average Net Price

$22,221

Earnings-to-Cost Ratio

0.51x

Earnings-to-Debt Ratio

2.5x

Admissions & Enrollment

Total Enrollment

1,510

Admission Rate

82.7%

Average SAT

Not reported

Retention Rate

83.9%

Cost

In-State Tuition

$15,786

Out-of-State Tuition

$15,786

Pell Grant Rate

36.3%

Federal Loan Rate

41.7%

Net Cost by Family Income

Income $0–$30K

$21,293

Income $30K–$48K

$23,057

Income $48K–$75K

$20,599

Income $110K+

$22,897

Student Demographics

Women

45.0%

White

46.7%

Black

5.0%

Hispanic

7.3%

Asian

2.6%

Two or More Races

3.6%

Accreditations

Association for Biblical Higher Education, Commission on Accreditation — Institutional Accreditation (Accredited)
Commission on Accrediting of the Association of Theological Schools — Theology (THEOL) - Freestanding schools, as well as programs affiliated with larger institutions, offering graduate professional education for ministry and graduate study of theology (Preaccredited)
Higher Learning Commission — Institutional Accreditation (Accredited)
National Association of Schools of Music, Commission on Accreditation — Music (MUS) (Accredited)

Programs (21)

Bachelor (9)

Program	Median Earnings	Completers
Theological and Ministerial Studies	$38,907	126
Missions/Missionary Studies and Missiology	$40,561	74
Theology and Religious Vocations, Other	Not reported	66
Pastoral Counseling and Specialized Ministries	$44,522	63
Bible/Biblical Studies	$50,342	45
Religious Education	$36,770	28
Religious Music and Worship	Not reported	10
Communications	$48,158	Not reported
Vehicle Maintenance & Repair	$67,178	Not reported

Master (5)

Program	Median Earnings	Completers
Theological and Ministerial Studies	$69,835	70
Bible/Biblical Studies	$66,956	43
Mental Health Services	$47,576	20
Theology and Religious Vocations, Other	$55,673	12
Teaching English or French as a Second or Foreign Language	Not reported	3

Associate (1)

Program	Median Earnings	Completers
Bible/Biblical Studies	Not reported	10

Graduate Certificate (2)

Program	Median Earnings	Completers
Bible/Biblical Studies	Not reported	4
Theology and Religious Vocations, Other	Not reported	4

Undergraduate Certificate (2)

Program	Median Earnings	Completers
Pastoral Counseling and Specialized Ministries	Not reported	8
Bible/Biblical Studies	Not reported	5

Show 2 additional programs with limited data

Program	Level	Completers
Pastoral Counseling and Specialized Ministries	Master	2
Mental Health Services	Graduate Certificate	1