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Louisiana proprietary school bonds.
$100 flat.

Louisiana requires a proprietary school to file a $10,000 bond with the Board of Regents as a condition of its certificate of registration. Ours is $100 flat — set by our carrier's rate book for this bond — and no credit check.

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Required for your LA proprietary school certificate of registration — through the Board of Regents
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Fixed price, fixed amount — $10,000 bond, $100, no quote process
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No credit check — the application collects no credit information
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 proprietary school bond cost?

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

How it works

Three steps. One sitting.

Registration bonds are among the simplest things in surety. Here's the entire process:

NOW · ONLINE

Apply online

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

MINUTES, USUALLY

Pay & e-sign

Small fixed 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 arrives by email, ready to file with your certificate of registration application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Louisiana regulates proprietary schools — vocational schools, trade schools, and career colleges — through the Board of Regents, Division of Planning, Research & Performance (Proprietary Schools Section). A certificate of registration is conditioned on a $10,000 surety bond.

The bond is a student-protection guarantee: it runs to the state for the benefit of students, standing behind the school's compliance with the proprietary school law. If a school closes or otherwise causes covered financial loss to students, they can recover against the bond up to $10,000.

It is not insurance for you — if the surety pays a claim, you repay the surety. If a school is no longer covered by the required bond, the Board of Regents can suspend the certificate after at least thirty days' written notice, so we track it and notify you 60 and 30 days out.

La. R.S. 17:3141.5 (Board of Regents)Louisiana proprietary schools are registered by the Board of Regents under La. R.S. 17:3141.1 et seq., and La. R.S. 17:3141.5 conditions the certificate (license) on a surety bond — the carrier's form reflects a $10,000 amount. If the school is no longer covered by the bond, the certificate is suspended after at least thirty days' written notice. Confirm your required amount on the Board of Regents application.

You need this bond if you're

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Applying for a LA proprietary school certificate of registration through the Board of Regents
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Operating a vocational, trade, or career school that must register with the state
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Renewing your certificate of registration and your current bond is expiring
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Re-establishing registration after a bond lapse triggered a suspension
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 arrives by email, ready to file with your certificate of registration application or renewal. 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 proprietary school bond?The premium is $100 flat, set by our carrier's rate book for this bond. The bond amount is fixed at $10,000; the price you see is the price you pay, the same for every school.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability to students if a valid claim is made — not a deposit, and nobody holds your money.
What does the bond protect?It protects students against covered financial loss — for instance, if the school closes — by standing behind the school's compliance with the proprietary school law. If the surety pays a claim, the school repays the surety.
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 as long as you hold the certificate. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so a lapse never suspends your registration.
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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Nearby states

The same bond in nearby states.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your registration today.

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

Your price$100
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