MI barber college bonds.
$300. Five minutes.
Michigan conditions a barber college license on a fixed $10,000 bond filed with LARA — ours is $300 flat, which is 3% of the bond amount. The application is five minutes, and student-protection license bonds like this are the fastest thing we issue.
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Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
College and owner details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with LARA
Your executed bond and power of attorney arrive by email, ready to file with your LARA barber college application or renewal. 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.
What it is and who needs it.
What the bond actually guarantees
A barber college bond is a student-protection guarantee. Students pay tuition up front for a program that runs months — Michigan wants a financial backstop standing behind the contract they signed if the college fails to deliver.
It's a three-party arrangement: you (the principal), the surety carrier, and the people of Michigan (the obligee), with your enrolled students as the protected parties. The statute conditions the bond on the faithful performance and satisfaction of the contractual rights of students — if the college closes mid-program or breaks its enrollment contract, a harmed student can recover against the bond.
The bond must stay active for as long as the college is licensed. Let it lapse and the license can be acted against — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.
You need this bond if you're
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Michigan barber college bond? +
Do I pay the $10,000? +
How fast will I have the bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your LARA college checklist today.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.