LA degree-granting institution bonds.
$300. Five minutes.

A new Louisiana academic degree-granting institution must file a $10,000 surety bond with the Board of Regents to be licensed. Ours is $300 flat — 3% of the bond amount. The application is five minutes, with no credit check on this bond.

Required for licensure by the Louisiana Board of Regents under La. R.S. 17:1808
Fixed amount, fixed price — $10,000 bond, $300, no quote process
Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
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Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

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

NOW · 5 MINUTES

Apply online

Institution details and an effective date. That's the application — no credit check section on this bond.

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

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.

The whole pricing page.

$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$300
2-year term
$600
3-year term
$900
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. We issue the $10,000 bond at a flat 3% with 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

Launching a new degree-granting institution domiciled in Louisiana and not yet accredited
Seeking Board of Regents licensure to operate and confer academic degrees
An out-of-state institution establishing a licensed Louisiana presence
Renewing institutional licensure that conditions the license on a current bond

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Louisiana degree-granting institution bond? +
The premium is $300 — a flat 3% of the $10,000 bond amount, the same for every new institution. The $10,000 is set by the Board of Regents for a new institution, so there is no quote process.
Do I pay the $10,000? +
No. You pay $300. 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? +
Not on this bond — the application has no credit section at all. The $10,000 fixed-amount institution bond doesn't need one.
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.
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Finish your institutional licensure today.

$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$300
Apply now →