Michigan cosmetology school bonds.
$100 flat.
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 bond issues the moment you pay — no credit check.
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How much does a Michigan cosmetology school bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
School and owner details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
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.
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.
You need this bond if you're
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 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.
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 →Common questions.
Other Michigan bonds.
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 LARA school checklist today.
$100, no credit check, bond often issued in the same sitting. Free until issued.