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Moody Bible Institute

Chicago, IL·Private nonprofit·1,586 students
Last updated: March 22, 2026

A good fit for students who want accessible admissions and students who want small classes and close faculty access. no major red flags in the data. a private nonprofit school with 1,586 students.

98%
Accept
1,586
Students
$25,007
Net Price
62%
Grad Rate
N/A
Earnings
10 yr
$12,000
Debt

About This School

Moody Bible Institute is a private nonprofit institution located in Chicago, Illinois with approximately 1,586 undergraduate students enrolled. Moody Bible Institute has an open or accessible admissions process, with an acceptance rate of 98%. The average net price after financial aid is $25,007 per year. The graduation rate is 62%.

Moody Bible Institute (MBI) is a private evangelical Christian Bible college in Chicago, Illinois. It was founded by evangelist and businessman Dwight Lyman Moody in 1886. Historically, MBI has maintained positions that have identified it as non-charismatic, dispensational, and generally Calvinistic. MBI operates undergraduate programs and Moody Theological Seminary at the Chicago campus. The Seminary also operates a satellite campus in Plymouth, Michigan. MBI also operates Moody Aviation, an undergraduate flight school and aviation mechanic program in Spokane, Washington.

Worth considering if you're a committed evangelical Christian seeking affordable ministry training — median debt at graduation is just $12,000, which is genuinely low and reflects the school's emphasis on accessible, mission-focused education. The 90% freshman retention rate suggests students who enroll tend to feel at home, but the 62% graduation rate is a real concern and worth asking the school about directly. This is a specialized institution with a specific theological identity (dispensational, non-charismatic), so students outside that tradition or hoping for broad career flexibility beyond ministry and missions should look elsewhere.

Founded
1886
Setting
Large city

Notable Alumni

Bart D. EhrmanMary McLeod BethuneDaniel EverettTim WalbergArthur Pink

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$15,356
Out-of-State Tuition
$15,356
Avg Net Price
$25,007
after aid

Financial Aid

Students receiving Pell Grants33%
Median debt at graduation$12,000

Full Cost

After Graduation

Graduation Rate
62%
within 6 years
Retention Rate
90%
freshmen returning
Earnings (10 yr)
N/A
after enrollment
Median Debt
$12,000
at graduation

Will This School Pay Off?

Median Debt
$12,000
at graduation
Earnings (6 yr)
$29,900
after enrollment
Earnings (10 yr)
N/A
after enrollment

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White62%
Black7%
Hispanic/Latino9%
Asian3%

Source: U.S. Department of Education College Scorecard (1,586 undergraduates).

Contact & Location

Address

Moody Bible Institute

820 N LaSalle Blvd

Chicago, IL 60610-3284

View on Google Maps →

Other Schools in Illinois

Browse all Illinois schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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