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Idaho proprietary school bonds.
From $100.

Idaho registers proprietary (postsecondary) schools through the State Board of Education and conditions registration on a student-protection surety bond under Idaho Code Title 33, Chapter 24. The amount is sized to your enrollment and tuition, and the premium is 1% of the bond amount, $100 minimum — your exact price appears in the calculator below.

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Required to register a proprietary school in Idaho under Idaho Code Title 33, Chapter 24 and IDAPA 08.01.11
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Amount scales with enrollment and tuition collected — common tiers run roughly $10k to $100k+
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No credit check up to $25,000 — above that, a soft pull at most, which never affects your score
1% rate$100 minimumInstantapproval for mostNo 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 Idaho proprietary school bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Apply to registered in one sitting.

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

TODAY · ONLINE

Apply online

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

INSTANTLY

Issued on the spot

No credit check up to $25,000.

SAME DAY

File with the State Board of Education

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

About this bond

What it is and who needs it.

What the school bond actually covers

Idaho requires proprietary (postsecondary) schools to register annually with the State Board of Education under Idaho Code Title 33, Chapter 24, with the details set in IDAPA 08.01.11. A registered school must keep a surety bond in force for the benefit of its students.

The bond protects students against a school's failure to deliver the instruction they paid for — if the school closes mid-course or breaches its tuition contracts, harmed students can recover against the bond. It also backs the school's compliance with the chapter and the Board's rules.

The amount is sized to your school. The Board's rules tie it to enrollment and the tuition you collect, with common tiers stepping up as your student count and tuition grow. The bond must stay in force with no lapse throughout the registration year — confirm your required figure with the Board, and your exact price appears at the application, starting from $100.

Idaho Code Title 33, Chapter 24 / IDAPA 08.01.11Idaho proprietary (postsecondary) schools register with the State Board of Education under Idaho Code Title 33, Chapter 24, and must maintain a surety bond for the benefit of students per IDAPA 08.01.11. The amount is tied to enrollment and tuition collected — published guidance describes tiers (for example, around $10,000 for the smallest schools and stepping up to roughly $25,000, $50,000, and $100,000 as enrollment grows). Confirm your exact required amount with the Board, as the rule controls.

You need this bond if you are

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Registering a proprietary school — trade, vocational, or career — in Idaho
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A postsecondary institution that maintains a presence or operates from a location in Idaho
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Renewing your annual registration and re-filing or replacing your bond
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Growing your enrollment into a higher bond tier set by the Board
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 State Board of Education. Submit the executed bond with your registration application. 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 your required bond amount — the executed bond is generated instantly, ready to file with the State Board of Education.

Start the application →
FAQ

Common questions.

How much is the Idaho proprietary school bond?The premium is 1% of your bond amount, $100 minimum. The bond amount itself is set by the State Board of Education and scales with your enrollment and tuition — common tiers run from around $10,000 up to $100,000 or more. Enter your figure at the application and your exact price appears.
Who requires this bond?The Idaho State Board of Education, as a condition of registering a proprietary school under Idaho Code Title 33, Chapter 24 and IDAPA 08.01.11. It protects students if the school can't deliver the instruction they paid for.
How do I know my exact amount?The Board's rule ties it to your enrollment and the tuition you collect from current students. If you're not sure which tier you fall in, send us your enrollment and tuition figures, or the amount on your registration packet, and we'll confirm.
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.
How long must I keep it?For as long as your school is registered, with no lapse in coverage. The bond must stay in force throughout the registration year, and Idaho requires advance notice before any cancellation so students stay protected.
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 .

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