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What is the average financial aid amount at Moody Bible Institute?

For the academic year 2022-2023, total 138 full-time, first-time students (90% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,635 students (86% of all students) received grants or scholarships and the average grant amount is $9,846. In addition, 745 students received student loans and the average loan amount is $6,305.

Below tables show the number and amount by source of financial aid at Moody Bible Institute.
All Undergraduate Student Financial Aid at Moody Bible Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,63586%$9,846
Pell Grants67836%$4,046
Federal Student Loans74539%$6,305
Beginning Students (Freshmen) Financial Aid at Moody Bible Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid13890%-
Grants or Scholarship from All Sources13487%$10,560
Federal Grants4529%$5,234
Pell Grants4529%$4,898
Other Federal Grants1812%$839
State/Local Grants00%$0
Institutional Grants13185%$9,004
Student Loans5636%$6,895
Federal Student Loans5536%$5,763
Other Student Loans75%$9,878

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