Maryland private career school bonds.
From $100.
Maryland licenses private career schools through the Higher Education Commission (MHEC), which requires a surety bond protecting students’ prepaid tuition if the school closes. The amount is set by MHEC based on tuition collected — pricing is 1% of that bond amount, with a $100 minimum. Enter your required amount and see your price.
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How much does a Maryland private career school 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 career school bond — enter your amount, pay, and file with MHEC. Here is the whole thing:
Apply online
Your school’s details, the bond amount MHEC set, and the effective date — that is the application.
Issued on the spot
Most applicants are approved instantly — no waiting, and the executed bond is generated as soon as you pay.
File with the Higher Education Commission
Submit the executed bond with your private career school license application or renewal. Wet-ink originals mailed whenever MHEC insists.
What it is and who needs it.
What the career school bond actually covers
Maryland licenses private career schools — non-degree academic, professional, technical, and trade-training institutions — through the Maryland Higher Education Commission under Education Article §§11-105 and 11-203. A surety bond is part of the license, and it backs the tuition students pay up front.
If a school ceases operations before completing instruction, the bond is available to refund students for tuition already paid. The bond amount is based on gross tuition collected and is set by MHEC, which advises each school owner of the required coverage — it can change year to year as enrollment changes.
MHEC also oversees a separate Guaranty Student Tuition Fund for private career schools as a backstop. The bond is the school-specific guarantee; it is not insurance for you — if the surety refunds students, you repay the surety. We issue the amount MHEC set at 1% of that bond amount, $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 Higher Education Commission. Submit the executed bond with your private career school license application or renewal. Wet-ink originals mailed whenever MHEC insists.
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 the bond amount MHEC set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Maryland bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Career school bond, issued today.
Pricing from $100. Enter the amount MHEC set and file the same day.