HI private college bonds.
Flat 3%. Enter your amount.

A Hawaii private college or university that cannot otherwise demonstrate financial integrity files a surety bond with the DCCA to receive authorization, protecting students’ prepaid tuition under HRS 305J-14 (the Post-Secondary Education Authorization Program). We issue it at a flat 3% with no credit check — enter your required amount and the premium updates.

Required under HRS 305J-14 when a private college or university cannot demonstrate financial integrity
Sized to your maximum prepaid, unearned tuition and fees — at least $50,000, recalculated annually
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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How it works

Apply to filed in one sitting.

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

TODAY · 5 MINUTES

Apply online

Your institution details, the bond amount your authorization requires, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

File with the DCCA

Submit the executed bond, in favor of the State, with your HPEAP authorization or reauthorization. Wet-ink originals mailed whenever the office insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter your prepaid, unearned tuition figure and the premium updates.

$50,000 bond
$1,500
$100,000 bond
$3,000
$250,000 bond
$7,500
About this bond

What it is and who needs it.

What the HPEAP bond actually covers

Hawaii authorizes private colleges and universities through the Post-Secondary Education Authorization Program (HPEAP) under HRS chapter 305J, administered by the Department of Commerce and Consumer Affairs. An institution must demonstrate financial integrity at the time of application — and if it cannot, it files a surety bond in favor of the State before receiving authorization.

The bond is a student-protection guarantee: it is conditioned to indemnify any student (or a parent or legal guardian) whom the director finds to have suffered a loss of tuition or fees from a violation of the chapter. If the institution ceases operation, the director may demand payment for refunds or alternative enrollment.

Under HRS 305J-14 the bond is at least $50,000, recalculated annually as a reasonable estimate of the maximum prepaid, unearned tuition and fees the institution holds. The bond runs concurrently with the authorization period. Confirm your figure with the DCCA, enter it, and we issue at a flat 3% with no credit check.

HRS 305J-14 (HPEAP)Under HRS 305J-14, a private college or university that cannot demonstrate financial integrity must file a surety bond in favor of the State, executed by a surety authorized to do business in Hawaii, running concurrently with its authorization. The bond is conditioned to indemnify students for loss of tuition or fees from violations of chapter 305J. The amount is at least $50,000, recalculated annually based on a reasonable estimate of the maximum prepaid, unearned tuition and fees. Confirm your required amount with the DCCA.

You need this bond if you are

A private college or university seeking HPEAP authorization in Hawaii
Reauthorizing and continuing the bond concurrently with your authorization period
Unable to demonstrate financial integrity by the other criteria in chapter 305J
Recalculating your bond after a change in prepaid, unearned tuition and fees

Five minutes, issued on the spot.

Submit the application with your required bond amount — the executed bond is generated instantly, ready to file with the DCCA.

Start the application →
FAQs

Common questions.

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

How much is the Hawaii private college or university bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is at least $50,000 and is recalculated annually based on your maximum prepaid, unearned tuition and fees. Enter the figure your authorization requires and the quote updates.
Why does Hawaii require this bond? +
Under HRS 305J-14, an institution that cannot demonstrate financial integrity files the bond to protect students. It indemnifies students for loss of tuition or fees from a violation of chapter 305J, and backs refunds or alternative enrollment if the institution ceases operation.
Is there a credit check? +
No — the HPEAP bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
How is the bond amount set? +
It is at least $50,000, recalculated annually as a reasonable estimate of the maximum prepaid, unearned tuition and fees the institution holds. If yours exceeds the floor, file the higher amount. Confirm the figure with the DCCA and enter it — the quote updates.
How long does the bond stay in place? +
It runs concurrently with your authorization period and any reauthorization. Your authorization is suspended by operation of law if the bond lapses, and the department gives written notice at least 45 days before a bond is released — we send renewal notices so it never lapses over a missed email.
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HPEAP bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter your required amount and file with the DCCA the same day.

Your premium @ 3%$1,500
Apply now →