AL degree-granting school bonds.
$1,500 flat. Soft pull.

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.

Required for a degree-granting proprietary school license from the Alabama Community College System
Fixed amount, fixed price — $50,000 bond, $1,500, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
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Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to licensed.

Your school license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · 5 MINUTES

Apply once, online

School details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

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.

1–2 BUSINESS DAYS

E-sign & file with ACCS

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.

The whole pricing page.

$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,500
2-year term
$3,000
3-year term
$4,500
About this bond

What it is and who needs it.

What the bond actually guarantees

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.

Ala. Code §16-46-5Code of Alabama 1975, §16-46-5 (License for operation of schools; fees; financial stability) requires a private postsecondary school licensed by the Alabama Community College System to maintain a surety bond for the protection of students. The amount is set by the degree status of the school — $50,000 for a degree-granting institution and $20,000 for a non-degree institution. Confirm the current amount and form with ACCS.

You need this bond if you're

Opening a degree-granting proprietary school licensed by ACCS
Renewing your degree-granting school license and your current bond is expiring or non-renewing
Converting from non-degree to degree-granting and stepping up to the $50,000 bond
Replacing a cancelled bond to keep your ACCS license in good standing

Five minutes. The whole thing.

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

Do I pay the $50,000? +
No. You pay $1,500 — the flat 3% of the bond amount. The $50,000 is the surety's maximum liability to students and the state; it's not a deposit, and nobody holds your money.
Why is this bond $50,000 when the non-degree one is $20,000? +
Ala. Code §16-46-5 ties the bond amount to the school’s degree status. A degree-granting institution carries larger tuition obligations, so the bond is $50,000; a non-degree school files at $20,000.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It's the only extra step beyond the application, and it informs approval, not price. The rate is a flat 3% either way: credit can affect whether we approve the bond, never what it costs.
What does the bond protect against? +
It protects students from the school’s fraud, misrepresentation, or failure to deliver the instruction they paid for. A harmed student can recover against the bond — and if the surety pays, you repay the surety.
When does it renew? +
Terms run 1, 2, or 3 years — your choice at purchase. You’ll get renewal notices 60 and 30 days before expiration, with autopay available, and the bond must stay active for your school license to stay valid.
Related bonds

Other New York bonds.

Your school license is waiting on one document.

$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$1,500
Apply now →