What Is a Private School Bond?
A private school bond (also called an education provider bond, proprietary school bond, or tuition bond) is a state‑required surety bond that protects students and families when a private school collects tuition or fees.
This bond protects students from:
- Loss of prepaid tuition
- School closure or bankruptcy
- Failure to deliver promised educational programs
- Misrepresentation of courses or credentials
- Violations of state education regulations
If you operate a private school or training program, your state may require this bond before issuing or renewing your license.
Private School Bond Amounts and Cost
Bond amounts vary by state and typically range from $10,000 to $250,000, depending on:
- Tuition collected
- Enrollment size
- Type of educational programs offered
- State consumer‑protection laws
Your premium depends on:
- Bond amount
- Credit score
- Business financials
- Licensing history
Most schools qualify instantly with competitive rates.
Who Needs a Private School Bond
You may need a private school bond if you operate:
- A private K‑12 school
- A charter or independent academy
- A vocational or trade school
- A technical training program
- A tutoring or enrichment center
- A proprietary or for‑profit school
- A continuing‑education or certification program
Any school collecting tuition or fees in advance may be required to file this bond.
Private School Bond Requirements & Eligibility
States typically require:
- Completed private school license application
- State‑mandated bond amount
- Credit review
- Background check
- Proof of curriculum and financial stability
- Annual or biannual renewal
Some states require higher bond amounts for multi‑campus schools or large enrollment programs.
How the Private School Bond Process Works
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Secure the Lowest Rate
We match you with the best rate available from A‑rated sureties.
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Receive your bond
Same‑day issuance available for state filing.
Why Schools Choose Us
- Lowest rates from A‑rated sureties
- Fast approvals
- Digital delivery for immediate filing
- Education‑industry bond specialists
- 100% state compliance guaranteed
Top Private School Bond Questions Answered
Our most common questions answered efficiently.
Premiums vary based on bond amount, credit, and state requirements.
Many private school bonds are approved the same day.
It guarantees protection for students who pay tuition or fees in advance.
Surety bonds are generally non‑refundable once issued.
Some states require separate bonds for multi‑location schools.
