Arkansas private career school bonds.
From $100.
Arkansas conditions a private career school license on a surety bond that protects students’ tuition, filed with the State Board of Private Career Education under A.C.A. § 6-51-601 et seq. The premium is 1% of the bond amount the Board sets from your gross tuition, $100 minimum — your exact price appears at the application.
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How much does an Arkansas private career school bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard school bond — enter your amount, pay, and file with the Board. Here is the whole thing:
Apply online
Your school’s details, the bond amount the Board required, and the effective date — that is the application.
Issued on the spot
Your exact price appears at the end of the application — pay and the executed bond is generated on the spot. Above $25,000, a soft pull may add a short review.
File with the Board
Submit the executed bond with your private career school license application or renewal to the State Board of Private Career Education. Wet-ink originals mailed whenever the Board insists.
What it is and who needs it.
What the school bond actually covers
Arkansas licenses private career schools through the State Board of Private Career Education, which operates under the Arkansas Division of Higher Education and the statutes at A.C.A. § 6-51-601 et seq. The license is conditioned on a surety bond that backs the tuition students pay your school.
The bond is a student-protection guarantee: if the school closes, fails to deliver the training, or otherwise violates the law and a student is owed a tuition refund, the student can recover against the bond. It is filed with the Board, which administers refunds from the bond proceeds.
The amount is set by the Board from your gross tuition — it is generally a percentage of the tuition you collect, set within a statutory range, so a small program and a large one don’t post the same figure. Because the formula and any exemptions can change, confirm the exact amount on your Board paperwork; enter that figure and your exact premium — starting at $100 — appears at the application.
You need this bond if you are
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 Board. Submit the executed bond with your private career school license application or renewal to the State Board of Private Career Education. Wet-ink originals mailed whenever the Board insists.
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 with your license.
Start the application →Common questions.
Other Arkansas bonds.
Price and requirements checked on the carrier’s application, . Page updated .
School bond, issued today.
Priced at 1% of the bond amount, $100 minimum. Enter the amount the Board set and file with your license the same day.