Kentucky proprietary school agent bonds.
From $100.
A Kentucky proprietary school must bond its recruiting agents with the Commission on Proprietary Education for at least $5,000 per agent, combined into one blanket agent bond when there’s more than one. Pricing is 1% of the bond amount, $100 minimum.
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How much does a Kentucky proprietary school agent 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 blanket agent bond — enter your amount, pay, and file with the Commission. Here is the whole thing:
Apply online
Your school’s details, the bond amount your agent count requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000. Above $25,000, a soft pull may add a short review.
File with the Commission on Proprietary Education
Submit the executed bond to the Kentucky Commission on Proprietary Education with your license. Wet-ink originals mailed whenever they insist.
What it is and who needs it.
What the blanket agent bond actually covers
Kentucky regulates for-profit schools through the Commission on Proprietary Education (the former State Board for Proprietary Education). Under KRS 165A.350 and 791 KAR 1:150, a school must maintain an agent surety bond for each agent who recruits or enrolls students — or, where there is more than one agent, a single blanket agent bond.
The bond is at least $5,000 for each agent the school employs, so a blanket bond scales with the size of the recruiting team. It protects students and the Commission against losses caused by an agent’s misrepresentations or violations of the proprietary-education law.
These bonds run with the school’s license and generally expire annually on June 30, coinciding with the license term. In lieu of a surety bond, the Commission can accept an irrevocable letter of credit or other approved collateral — but a surety bond is usually cheapest. No credit check up to $25,000, and most applicants qualify at or near the $100 minimum.
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 Commission on Proprietary Education. Submit the executed bond to the Kentucky Commission on Proprietary Education with your license. Wet-ink originals mailed whenever they insist.
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 blanket agent bond is generated instantly, ready to file with the Commission.
Start the application →Common questions.
Other Kentucky bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Blanket agent bond, issued today.
Priced from $100 based on your amount. Enter your required amount and file with the Commission the same day.