MI cosmetology school bonds.
$100. Five minutes.

Michigan conditions a school of cosmetology license on a fixed $10,000 bond filed with LARA — ours is $100, the price our carrier sets for this specific bond. The application is five minutes, and student-protection license bonds like this are the fastest thing we issue.

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Required to license a Michigan school of cosmetology — new schools and renewals through LARA

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Fixed price, fixed amount — $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

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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

School and owner details and an effective date. That's the application — no financials, no credit fields, no follow-up scavenger hunt.

MINUTES, USUALLY

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.

SAME DAY

File with LARA

Your executed bond and power of attorney arrive by email, ready to file with your LARA school of cosmetology application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A cosmetology school 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 school 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 school 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 school 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.

MCL 339.1205Michigan Compiled Laws 339.1205 conditions a school of cosmetology license on a $10,000 cash or surety bond filed with the Department of Licensing and Regulatory Affairs, in favor of the people of this state for the use and benefit of students, conditioned on the faithful performance and satisfaction of the contractual rights of students.

You need this bond if you're

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Applying for a MI school of cosmetology license — the bond is filed with your application

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Renewing your school license and your bond is expiring or your surety non-renewed

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Opening a new campus that LARA licenses as a separate school

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Reinstating a lapsed school license that needs a fresh bond on file

Five minutes. The whole thing.

These are the actual issuing fields — the application collects no credit information, because this bond doesn't need it.

Start the application →

FAQs

Common questions.

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

How much is the Michigan cosmetology school bond? ▾

The premium is $100 flat — the price our carrier sets for this fixed $10,000 bond, the same for every school. The $10,000 is set by statute (MCL 339.1205), 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.

How fast will I have the bond? ▾

License bonds like this are among the thousands of bond types that issue right after purchase — many schools finish the application and have the bond in the same sitting. At most, 1–2 business days.

Is there a credit check? ▾

This application collects no credit information — there's no credit section to fill out. Most fixed-amount license bonds like this clear without one; if a check ever needs to run, it's a soft pull that never affects your score.

When does it renew? ▾

The bond must stay active for as long as the school is licensed. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so the license never lapses over a missed email.

Related bonds

Other Michigan bonds.

Finish your LARA school checklist today.

$100, five-minute application, bond often issued in the same sitting. Free until issued.

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Your price$100

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MI cosmetology school bonds.$100. Five minutes.