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Delaware private business & trade school bonds.
From $250.

The bond a licensed Delaware private business or trade school files with the Department of Education to protect students’ contractual rights, under Title 14, Chapter 85. The Department sets the amount — not less than $25,000 — and we price it at 1% of the bond amount, with your exact price shown at the application.

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Required under Title 14, Chapter 85 for a licensed private business or trade school
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Protects students’ contractual rights in an amount the Department sets — not less than $25,000
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1% of the bond amount — enter your required bond amount and your exact price appears at the application
1% of amount$250 at the $25,000 minimumNo credit check up to $25,000above that, a soft pull at most, never a hard inquiryFastinstant underwriting for most
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 a Delaware private business & trade school bond cost?

1% of the bond amount, from $250 at the $25,000 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard school bond — enter your amount, pay, and file with the Department of Education. Here is the whole thing:

TODAY · ONLINE

Apply online

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

INSTANTLY

Issued on the spot

Most applications clear instantly — no credit check up to $25,000, and your price appears as soon as you apply. Above $25,000, a soft pull may add a short review.

SAME DAY

File with your Certificate of Approval

Submit the executed bond to the Department of Education with your license or renewal. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the school bond actually covers

Delaware licenses private business and trade schools through the Department of Education under Title 14, Chapter 85. Where a bond is required, it is a student-protection guarantee: it backs the school's express contracts with its students and its compliance with Delaware law and Department rules.

The bond is for the protection of students' contractual rights, in an amount the Department establishes that is not less than $25,000. It protects students from financial harm if the school violates a contract or its Certificate of Approval is suspended or revoked.

Because cancellation rules are strict — a surety bond can generally only be cancelled at the end of an annual term, on 45 days' written notice to the Administrator of Private Business and Trade Schools — we track your renewal and keep the filing continuous. We price the amount the Department set from $250, with your exact price shown at the application. No credit check up to $25,000.

Title 14, Chapter 85 (Department of Education)Delaware private business and trade schools are licensed by the Department of Education under Title 14, Chapter 85. A surety bond for the protection of students’ contractual rights is required in an amount the Department establishes that is not less than $25,000. The bond may generally be cancelled only at the end of an annual term, on 45 days’ written notice to the Administrator of Private Business and Trade Schools. Confirm your required amount on your Certificate of Approval.

You need this bond if you are

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Licensing a DE private business or trade school with the Department of Education
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An out-of-state school enrolling Delaware students and required to post a bond
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Renewing your Certificate of Approval and your current bond is expiring
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Raising your bond amount because the Department reset it above the $25,000 floor
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 your Certificate of Approval. Submit the executed bond to the Department of Education with your license or renewal. Wet-ink originals mailed whenever the state 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 Department set — the executed bond is generated instantly, ready to file with your Certificate of Approval.

Start the application →
FAQ

Common questions.

How much is the Delaware private business and trade school bond?The bond is priced at 1% of the bond amount. The amount itself is set by the Department of Education and is not less than $25,000. Enter your required amount at the application to see your exact price.
Who sets the bond amount?The Department of Education establishes it as part of your Certificate of Approval, in an amount not less than $25,000. The exact figure can depend on the school. Confirm it on your license paperwork.
What does the bond protect?Students' contractual rights. If the school violates a student contract or its Certificate of Approval is suspended or revoked and students are harmed, they can recover against the bond. If the surety pays, 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.
How is the bond cancelled?It can generally only be cancelled at the end of an annual term, on 45 days' written notice by certified mail to the Administrator of Private Business and Trade Schools. We track your renewal so the filing stays continuous.
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 .

School bond, issued today.

Pricing from $250. Enter the amount the Department set and file with your Certificate of Approval the same day.

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