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Arizona private postsecondary bonds.
From $150.

Every Arizona private college, university, or career school files a bond with the State Board for Private Postsecondary Education under A.R.S. Title 32, Chapter 30 to protect students’ tuition. The amount starts at $15,000 and scales with revenue — we issue it from $150, no credit check up to $25,000.

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Required to license a private postsecondary school under A.R.S. § 32-3021 with the PPSE Board
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$15,000 minimum — then scaled to a percentage of gross tuition revenue
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No credit check up to $25,000 — above that, a soft pull at most, which never affects your score
1% of amount$150 at the $15,000 minimumExactprice at the applicationNo credit check up to $25,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Arizona private postsecondary bond cost?

1% of the bond amount, from $150 at the $15,000 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard education bond — enter your amount, pay, and file with the PPSE Board. Here is the whole thing:

TODAY · ONLINE

Apply online

Your school’s details, the bond amount the Board set, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score. Above $25,000, a soft pull may add a short review.

SAME DAY

File with the PPSE Board

Submit the executed bond with your license application or renewal. Wet-ink originals mailed whenever the Board insists on them.

About this bond

What it is and who needs it.

What the education bond actually guarantees

Arizona licenses private colleges and career schools through the State Board for Private Postsecondary Education (PPSE) under A.R.S. Title 32, Chapter 30. A bond is a condition of that license, and it is a student-protection guarantee.

The bond stands behind your faithful compliance with Arizona and federal law and protects anyone financially harmed by an unlawful act of the school — including breach of contract, or a failure to deliver the education described in your catalog, brochures, or other publications. A student harmed by the school’s failure can recover against the bond.

The minimum bond is $15,000; above that, the Board scales the amount to a percentage of gross tuition revenue (the percentage depends on accreditation status). An applicant may post a cash deposit with the State Treasurer instead — but a surety bond costs a small one-time premium rather than tying up the full amount in cash.

A.R.S. § 32-3021 et seq. (PPSE Board)Under A.R.S. Title 32, Chapter 30 (§ 32-3021 et seq.), a licensed private postsecondary school must file a surety bond with the State Board for Private Postsecondary Education for the benefit of students and the state. The minimum is $15,000, with larger amounts scaled to a percentage of gross tuition revenue that varies by accreditation status; a cash deposit with the State Treasurer is an accepted alternative. Confirm your required amount with the Board.

You need this bond if you are

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Licensing a private college or university through the PPSE Board
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Operating a vocational or career school offering accredited or non-accredited programs
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Renewing a school license whose bond is expiring or whose revenue changed the amount
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An out-of-state school enrolling Arizona students and seeking a license here
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the PPSE Board. Submit the executed bond with your license application or renewal. Wet-ink originals mailed whenever the Board insists on them.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with the bond amount the Board set — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Arizona private postsecondary education bond?The premium is 1% of the bond amount — the price is set by the amount, and your exact figure appears in the on-page calculator. The bond amount itself starts at a $15,000 minimum and scales to a percentage of gross tuition revenue for larger schools. Start the application and your exact price appears before you pay.
Who requires this bond?The Arizona State Board for Private Postsecondary Education (PPSE), under A.R.S. Title 32, Chapter 30. The bond is a condition of your school’s license, for the benefit of students and the state.
What does the bond protect against?Students and others financially harmed by the school’s unlawful acts — breach of contract, or a failure to deliver education consistent with the school’s catalogs and publications. If the surety pays a claim, the school repays the surety.
Is there a credit check?No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
Can I post a cash deposit instead?Yes — the statute lets an applicant establish a cash deposit in the bond amount with the State Treasurer instead of a surety bond. A surety bond is usually cheaper: you pay a small one-time premium rather than tying up the full amount in cash.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Education bond, issued today.

Priced from $150. Enter the amount the PPSE Board set, see your exact price, and file the same day.

Your premiumfrom $150
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