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Louisiana degree-granting institution bonds.
$100 flat.

A new Louisiana academic degree-granting institution must file a $10,000 surety bond with the Board of Regents to be licensed. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.

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Required for licensure by the Louisiana Board of Regents under La. R.S. 17:1808
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Fixed amount, fixed price — $10,000 bond, $100, no quote process
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Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
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 a Louisiana degree-granting institution bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Institution details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Board of Regents

Your executed bond and power of attorney arrive by email, ready to file with your institutional licensure application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the institution bond actually guarantees

Louisiana licenses academic degree-granting institutions through the Board of Regents under La. R.S. 17:1808 (the academic-institution licensure law — distinct from the proprietary-school law that governs non-degree career schools). A new, Louisiana-domiciled unaccredited institution must post a surety bond to cover the period of its license.

The bond is a student-protection guarantee, set at $10,000 for a new institution. It backs the institution's obligations to its students — protecting against losses such as the school ceasing operations before students complete their program, or failing to meet its contractual and record-keeping duties.

It is a three-party arrangement: the institution (the principal), the surety, and the Board of Regents (the obligee), with students as the protected parties. If the surety pays a student claim, the institution repays the surety. Pricing is $100 flat; no credit check.

La. R.S. 17:1808 (Board of Regents)La. R.S. 17:1808 governs Board of Regents licensure of academic degree-granting institutions and requires a new Louisiana-domiciled unaccredited institution to post a surety bond — $10,000 for a new institution — to cover the license period for the protection of students. (Non-degree career schools are instead governed by the Proprietary Schools Law, R.S. 17:3140.1 et seq.) Confirm your required amount with the Board of Regents.

You need this bond if you're

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Launching a new degree-granting institution domiciled in Louisiana and not yet accredited
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Seeking Board of Regents licensure to operate and confer academic degrees
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An out-of-state institution establishing a licensed Louisiana presence
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Renewing institutional licensure that conditions the license on a current bond
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 $10,000 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; a longer term is the same price per year, chosen at checkout.

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 Board of Regents. Your executed bond and power of attorney arrive by email, ready to file with your institutional licensure application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Louisiana degree-granting institution bond?The premium is $100 flat, the same for every new institution. It's set by our carrier's rate book for this bond, not a percentage — the $10,000 bond amount is set by the Board of Regents, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid student claim is made against the bond — not a deposit, and nobody holds your money.
Is this the same as a proprietary school bond?No. This bond is for academic degree-granting institutions licensed under R.S. 17:1808. Non-degree career and trade schools are licensed under the separate Proprietary Schools Law (R.S. 17:3140.1 et seq.), which has its own bond. Confirm which applies to your school.
Is there a credit check?No credit check: the application collects no credit information. Most applications approve instantly.
When does it renew?The bond must stay active for the period of your license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your licensure never lapses over a missed email.
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 .

Finish your institutional licensure today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
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