Hawaii vocational school bonds.
From $100.
A Hawaii private trade, vocational, or technical school posts a student-protection surety bond in favor of the State under HRS chapter 446E, in the amount required by the Post-Secondary Education Authorization Program (HPEAP). The price is 2% of the bond amount, $100 minimum.
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How much does a Hawaii vocational school bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Apply to filed, no phone tag.
Enter your amount, consent to a soft pull, and file with HPEAP. Here is the whole thing:
Apply online
Your school details, the bond amount HPEAP set, and an effective date — plus a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The soft pull never affects your score. If it needs a second look, one to two business days at most.
File with HPEAP
Pay online and receive the executed bond, in favor of the State, ready to file with your authorization application or renewal. Wet-ink originals on request.
What it is and who needs it.
What the school bond actually covers
Hawaii authorizes private post-secondary institutions — including private trade, vocational, and technical schools — through the Post-Secondary Education Authorization Program (HPEAP) under HRS chapter 446E. The chapter conditions authorization on a surety bond submitted in favor of the State and executed by the school as principal.
The bond is a student-protection guarantee: it stands behind students' prepaid tuition and fees if the school closes or fails to deliver the education it promised. If a student is harmed, a claim can be made against the bond, and if the surety pays, the school repays the surety.
A school that has operated in Hawaii continuously for at least 10 years and been accredited for at least 10 years can generally be exempt from the bond. Otherwise HPEAP sets the bond amount to your tuition exposure — enter that figure and we issue the bond at 2% of the bond amount, $100 minimum; a soft credit check affects approval only, not price.
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 HPEAP. Pay online and receive the executed bond, in favor of the State, ready to file with your authorization application or renewal. Wet-ink originals on request.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, then a quick review.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Hawaii bonds.
Price and requirements checked on the carrier’s application, . Page updated .
School bond, filed this week.
Pricing from $100. Enter the amount HPEAP set and file your authorization.