Not in Minnesota? Browse bonds by state

Minnesota career school solicitor bonds.
Partnership. From $100.

Before a partnership can solicit students for a Minnesota private career school, each solicitor needs a permit from the Office of Higher Education — and that permit requires a $2,000 surety bond under Minn. Stat. 136A.825. The bond is priced at 1% of the bond amount, $100 minimum — your exact price appears in the on-page calculator.

✓
Required for a partnership solicitor permit under Minn. Stat. 136A.825
✓
Statutory amount is $2,000 — the bond field is open if your permit names a different figure
✓
No credit check up to $25,000 — above that, a soft pull at most, which never affects your score
1% of amount$100 minimumInstantapproval for mostNo credit check up to $25,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Minnesota career school solicitor bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the solicitor bond — enter your amount, pay, and file with the Office of Higher Education. Here is the whole thing:

TODAY · ONLINE

Apply online

Your partnership details, the $2,000 bond amount, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $25,000.

SAME DAY

File with the Office of Higher Education

Submit the executed bond with your solicitor permit application. Wet-ink originals mailed whenever the office insists on them.

About this bond

What it is and who needs it.

What the solicitor bond actually guarantees

Minnesota requires anyone who solicits students to enroll in a registered private career school to first obtain a solicitor's permit from the Office of Higher Education. Under Minn. Stat. 136A.825, no permit issues unless the solicitor files a continuous corporate surety bond of $2,000.

The bond is conditioned on the faithful performance of all contracts and agreements with students the partnership's solicitors make. A student harmed by a breach has a cause of action against the bond — the surety's aggregate liability is capped at the $2,000 penal sum.

When the principal is a partnership, the bond is written in the partnership's name. The statute also lets an applicant deposit $2,000 with the commissioner of management and budget instead of a bond, but a surety bond costs only the premium rather than tying up the full amount in cash.

Minn. Stat. 136A.825Minn. Stat. 136A.825 requires a private career school solicitor to obtain a permit from the Office of Higher Education and to file a continuous corporate surety bond of $2,000, conditioned on faithful performance of all contracts and agreements with students. The surety may cancel on 60 days’ written notice; aggregate liability is capped at the $2,000 penal sum. Confirm the required amount on your permit application.

You need this bond if you are

✓
A partnership soliciting students to enroll in a Minnesota private career school
✓
Applying for a new solicitor permit through the Office of Higher Education
✓
Renewing a solicitor permit whose bond is expiring or was non-renewed
✓
A recruiting firm contracting to enroll students for a private career school
After you buy

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 Office of Higher Education. Submit the executed bond with your solicitor permit application. Wet-ink originals mailed whenever the office insists on them.

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 $2,000 statutory amount — the executed bond is generated instantly, ready to file with the Office of Higher Education.

Start the application →
FAQ

Common questions.

How much is the Minnesota solicitor bond?The bond is priced at 1% of the bond amount, $100 minimum. The statute sets the bond at $2,000, so most applicants land at the $100 minimum — enter your amount in the calculator to see your exact price.
Do I pay the $2,000?No. You pay the premium. The $2,000 is the surety's maximum liability to students harmed by a breach — it is not a deposit, and nobody holds your money.
Who requires this bond?The Minnesota Office of Higher Education, as a condition of a private career school solicitor permit under Minn. Stat. 136A.825. No active bond, no permit.
Is there a credit check?No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
What if my permit names a different amount?The statutory figure is $2,000, but the bond field is open. Enter whatever the Office of Higher Education names and your price updates — pricing starts from $100.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Minnesota bonds.

Price and requirements checked on the carrier’s application, . Page updated .

Solicitor bond, issued today.

Pricing from $100. Enter the $2,000 amount and file with the Office of Higher Education the same day.

Your premiumfrom $100
Apply now →