Quantcast

Chicago City Wire

Wednesday, January 22, 2025

Cost of college went up for all students at the Moody Bible Institute

Webp college4

Tuition and fees rose 4.5 percent for 2018-19 at the Moody Bible Institute, according to recent data from the U.S. Department of Education.

Illinois students paid $13,056 to attend the four-year private not-for-profit institution this year – $96 more than the $12,960 charged for 2017-18.

Data shows 92 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 242 students received grants or scholarships totaling $2.1 million and 117 students took out student loans totaling more than $746,047.

Including all undergraduates (3,086), 2,361 students used grants or scholarships totaling $19 million, and 873 students took out $5.7 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~586$12,284$12,630$12,960$13,0566.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Moody Bible Institute in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants8732%$385,287$4,429
State / local grant or scholarship00%$0-
Institutional grants or scholarships22784%$1,716,348$7,561
Grant or scholarship aid total24289%$2,101,635$8,684
Federal student loans11542%$686,057$5,966
Other student loans93%$59,990$6,666
Student loan aid11743%$746,047$6,376
Total student aid25092%--

MORE NEWS