MN school records bonds.
Flat 3%. Enter your amount.
Minnesota requires a private career school to back its student academic records with a continuous surety bond under Minn. Stat. 136A.822, subd. 12 — separate from the school’s tuition performance bond. This is the partnership version. The statute caps the amount at $20,000; we issue it at a flat 3% with no credit check.
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Apply to filed in one sitting.
No underwriting queue for the standard records bond — enter your amount, pay, and file with the Office of Higher Education. Here is the whole thing:
Apply online
Your school details, the records-bond amount the office set, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with the Office of Higher Education
Submit the executed bond with your private career school registration or renewal. Wet-ink originals mailed whenever the office insists on them.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the records-bond figure the office set and the premium updates.
What it is and who needs it.
What the records bond actually covers
Minnesota licenses private career schools through the Office of Higher Education under Minn. Stat. ch. 136A. Beyond the tuition performance bond every school files, Minn. Stat. 136A.822, subd. 12 requires a separate continuous surety bond (or irrevocable letter of credit) standing behind the school’s student academic records.
Schools must keep permanent student records for 50 years from a student’s last date of attendance. If a school closes, this bond lets the office retrieve, recover, maintain, digitize, and destroy academic records — so students can still get transcripts after the doors close. The statute caps the bond at $20,000, and a school with an approved binding records agreement may file less.
This is the partnership version of the records bond — the partnership is the principal. It is not insurance for the school: if the office draws on the bond, the surety can recover from the principal. Enter the amount the office set and we issue it at a flat 3% with no credit check.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with your required records-bond amount — the executed bond is generated instantly, ready to file with the Office of Higher Education.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How is this different from the private school bond? +
How much is the records bond? +
Is there a credit check? +
What does the bond pay for? +
Can I file a letter of credit instead? +
Other New York bonds.
Records bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the amount the office set and file the same day.