If you are accepted, you will be applying for what is called an “F-1 Visa,” also known as a Student Visa. The first step in this process is getting accepted. If you are accepted to Moody, the next step that the U.S. government requires is to provide what is called “proof of funds” to demonstrate that you can pay for your first year of classes.
If you are applying to the Chicago undergraduate school as a single person with no dependents, this means that you will need to have about $17,000 in your bank account to provide “proof of funds.”
If you are applying to Moody Aviation as a single person with no dependents, this means that you will need to have about $20,000 in your bank account.
If you are applying to Moody Theological Seminary as a single person with no dependents, this means that you will need to have about $22,641 in your bank account.
If you applying to any of the schools as a married person, add about $5,000 to the number already estimated for your spouse. If you are applying to any of the schools as a person with children, add about $2,500 for each child. Doing this will give you the estimated amount needed for the “proof of funds” required.
These numbers are estimates which are subject to change.
Many of our students assemble a team of financial supporters (sponsors) in order to cover this amount. Please consider how you will do this if you are accepted.
Once your “proof of funds” is accepted, you can move forward in the process of obtaining your F-1 Visa.