Kentucky proprietary school bonds.
From $200.
Kentucky's Commission on Proprietary Education licenses private, for-profit and non-profit schools below the bachelor's degree level, and conditions each license on a surety bond of at least $20,000 per school. Premiums are 1% of the bond amount — enter the amount the Commission set, and your exact price appears at application.
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How much does a Kentucky proprietary school bond cost?
1% of the bond amount, from $200 at the $20,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard school bond — enter your amount, pay, and file with the Commission. Here is the whole thing:
Apply online
Your school details, the bond amount the Commission set, and an effective date — that is the entire application.
Issued on the spot
No waiting — the application collects no credit information, and the executed bond is generated as soon as you pay. Larger amounts may get a quick soft-pull review.
File with the Commission
Submit the executed bond with your licensure application to the Commission on Proprietary Education. Wet-ink originals mailed on request.
What it is and who needs it.
What the proprietary school bond covers
Kentucky's Commission on Proprietary Education licenses private, for-profit and non-profit schools that offer programs below the bachelor's degree level — trade schools, vocational programs, and the like. (Schools at the bachelor's level and above are licensed instead by the Council on Postsecondary Education.) Each school license is conditioned on a surety bond.
The bond is a student-protection guarantee: it backs the tuition and fees students prepay, providing a financial backstop if the school closes or fails to deliver the training it was paid for. By regulation, the school bond is at least $20,000 per location, and schools also maintain separate agent bonds (generally $5,000 per agent).
It is not insurance for you — if the surety pays a claim, you repay the surety. A letter of credit can be accepted in lieu of the bond. Enter the amount the Commission set on your license; premiums start at $200 and the application collects no credit information.
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 term is set on the carrier’s application; the premium covers the period shown there.
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. Submit the executed bond with your licensure application to the Commission on Proprietary Education. Wet-ink originals mailed on request.
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.
One application, issued on the spot.
Submit the application with the bond amount the Commission set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Kentucky bonds.
The same bond in nearby states.
Proprietary school bond, issued today.
Premiums from $200. Enter the amount the Commission required and file the same day.