Moody Bible Institute's tuition & fees has increased from $11,748 (2014) to $15,356 (2024), and the rate of tuition increase is 30.71% over the past 10 years. The graduate school tuition & fees has raised from $7,362 (year 2014) to $9,342 (year 2024).
The 2024 tuition & fees are lower than last year (2023) at Moody Bible Institute.
Moody Bible Institute's tuition increase rate is higher than the Illinois's average increase rate of -8.12%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 28.54% from 2014 ($26,578).
For the current academic year 2023-2024, Moody Bible Institute's COA is $34,163, which is decreased by -0.17% from last year.
The following table and chart show changes to Moody Bible Institute's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 30.71% for the last 10 years , and the 2024 tuition & fees are $15,356. The following table and chart show the tuition & fees changes at Moody Bible Institute over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,027, and it has increased 14.11% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $900 | - |
|---|
| 2015-16 | $918 | 2.00% |
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| 2016-17 | $932 | 1.53% |
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| 2017-18 | $932 | |
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| 2018-19 | $932 | |
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| 2019-20 | $932 | |
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| 2020-21 | $932 | |
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| 2021-22 | $932 | |
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| 2022-23 | $932 | |
|---|
| 2023-24 | $1,027 | 10.19% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 22.28% when a student lives on-campus facilities and 16.28% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Moody Bible Institute.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $13,930 | $13,930 | - |
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| 2015-16 | $12,572 | $12,962 | -9.75% |
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| 2016-17 | $12,912 | $14,312 | 2.70% |
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| 2017-18 | $12,592 | $14,312 | -2.48% |
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| 2018-19 | $13,092 | $11,752 | 3.97% |
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| 2019-20 | $15,176 | $15,913 | 15.92% |
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| 2020-21 | $15,712 | $17,278 | 3.53% |
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| 2021-22 | $16,602 | $17,212 | 5.66% |
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| 2022-23 | $17,112 | $18,400 | 3.07% |
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| 2023-24 | $17,780 | $18,785 | 3.90% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Moody Bible Institute and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Moody Bible Institute | $15,356 | $16,178 | -5.08% |
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|
| Northwestern University | $65,997 | $63,468 | 3.98% |
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|
| DePaul University | $44,174 | $43,100 | 2.49% |
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|
| University of Chicago | $65,619 | $62,940 | 4.26% |
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|
| Loyola University Chicago | $51,716 | $49,498 | 4.48% |
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|
| National Louis University | $14,601 | $14,244 | 2.51% |
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