How Moody Bible Institute's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Moody Bible Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,226, which is 84.33 % of all undergraduate students. 875 students which is 38.00% of undergraduate students received federal student loans and the average loan amount is $6,502.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,574 (83%)	$7,909	1,235 (40%)	$3,443	-	-
2014-15	2,604 (80%)	$7,334	1,211 (37%)	$3,534	-	-
2015-16	2,520 (80%)	$7,663	1,185 (38%)	$3,603	-	-
2016-17	2,369 (83%)	$7,898	1,029 (36%)	$3,555	-	-
2017-18	2,361 (87%)	$8,065	993 (37%)	$3,954	873 (32%)	$6,581
2018-19	2,146 (88%)	$8,942	974 (40%)	$3,963	966 (39%)	$6,478
2019-20	1,982 (87%)	$9,433	854 (38%)	$3,940	939 (41%)	$6,647
2020-21	1,844 (85%)	$9,366	783 (36%)	$4,077	850 (39%)	$6,499
2021-22	1,635 (86%)	$9,846	678 (36%)	$4,046	745 (39%)	$6,305
Average	2,226 (84.33%)	$8,495	994 (37.56%)	$3,791	875 (38.00%)	$6,502

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 232 (84.22 % of students) received grants or scholarships and its average amount is $9,178. It can cover 59.77% of tuition & fees ($15,356).

In addition, 68 (29.78 % of students) students get helped from the students loans (average amount : $7,403).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	312 (75%)	$7,630	27 (7%)	$8,297
2014-15	343 (80%)	$7,603	41 (10%)	$8,492
2015-16	302 (76%)	$8,002	39 (10%)	$8,666
2016-17	224 (81%)	$9,118	42 (15%)	$8,293
2017-18	242 (89%)	$8,684	117 (43%)	$6,376
2018-19	206 (91%)	$10,664	121 (53%)	$6,119
2019-20	164 (93%)	$10,650	88 (50%)	$6,326
2020-21	165 (86%)	$9,690	85 (44%)	$7,159
2021-22	134 (87%)	$10,560	56 (36%)	$6,895
Average	232 (84.22%)	$9,178	68 (29.78%)	$7,403

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 95 (33.00 % of students) received Pell (federal) grants and its average amount is $4,222.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	144 (35%)	$3,903	34 (8%)	$706	-	-	248 (60%)	$7,236
2014-15	155 (36%)	$3,692	28 (7%)	$629	-	-	264 (61%)	$7,644
2015-16	139 (35%)	$3,849	11 (3%)	$600	-	-	232 (58%)	$8,081
2016-17	89 (32%)	$3,967	14 (5%)	$491	-	-	198 (71%)	$8,497
2017-18	87 (32%)	$4,318	17 (6%)	$565	-	-	227 (84%)	$7,561
2018-19	78 (34%)	$4,582	29 (13%)	$572	-	-	200 (88%)	$9,114
2019-20	55 (31%)	$4,333	21 (12%)	$571	-	-	157 (89%)	$9,531
2020-21	63 (33%)	$4,455	28 (15%)	$557	-	-	160 (83%)	$8,141
2021-22	45 (29%)	$4,898	18 (12%)	$839	-	-	131 (85%)	$9,004
Average	95 (33.00%)	$4,222	22 (9.00%)	$614	-	-	202 (75.44%)	$8,312

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 68 (29.78 % of students) get any students loan help and its average loan amount is $68.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	27 (7%)	$8,297	-	-	27 (7%)	$8,297
2014-15	41 (10%)	$8,492	-	-	41 (10%)	$8,492
2015-16	39 (10%)	$8,666	-	-	39 (10%)	$8,666
2016-17	42 (15%)	$8,293	-	-	42 (15%)	$8,293
2017-18	117 (43%)	$6,376	115 (42%)	$5,966	9 (3%)	$6,666
2018-19	121 (53%)	$6,119	119 (52%)	$5,344	15 (7%)	$6,959
2019-20	88 (50%)	$6,326	87 (49%)	$5,347	11 (6%)	$8,320
2020-21	85 (44%)	$7,159	85 (44%)	$6,918	3 (2%)	$6,836
2021-22	56 (36%)	$6,895	55 (36%)	$5,763	7 (5%)	$9,878
Average	68 (29.78%)	$7,403	92 (44.60%)	$5,868	22 (7.22%)	$8,045

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Scholarships, Grants, and Loan Trends at Moody Bible Institute

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time