A degree-granting proprietary school in Alabama files a $50,000 license bond with the Alabama Community College System under Ala. Code §16-46-5. Ours is $1,500 flat — 3% of the bond amount, identical for every school. One soft credit pull, e-signed in 1–2 business days.
















Your school license is waiting on this bond. Here's the entire process — no broker phone tag:
School details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to file with your degree-granting school license application. Wet-ink originals mailed whenever the state insists.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
The Alabama Community College System (ACCS) licenses private postsecondary schools, and Ala. Code §16-46-5 conditions the license on a surety bond sized to the school’s scope. For a degree-granting institution, that bond is $50,000 — higher than the $20,000 required of a non-degree school, reflecting the larger tuition obligations.
The bond is a student-protection guarantee: it protects students who suffer loss from the school’s fraud, misrepresentation, or failure to deliver the instruction they paid for. It is a three-party arrangement — you (the principal), the surety, and the State of Alabama through ACCS, with students as the protected parties.
Because the obligation is larger, this bond runs one soft credit pull as part of underwriting. The pull informs approval, never the price — the rate is a flat 3% either way. If the surety pays a claim, you repay the surety.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.