Minnesota can require a licensed private career school to file a student records-retention bond with the Office of Higher Education, so academic records are preserved if the school closes. This is the version where the school corporation is the bonded principal. The amount runs up to $20,000 — enter it and we issue at a flat 3% with no credit check.
















No underwriting queue for the standard records bond — enter your amount, pay, and file with the OHE. Here is the whole thing:
Your school details, the bond amount the OHE required, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond to the Office of Higher Education with your private career school registration. Wet-ink originals mailed whenever the office insists.
Bond amount × 3% = your premium, one-time, $275 minimum. The statute caps this bond at $20,000 — enter your figure and the premium updates.
Minnesota licenses private career schools through the Office of Higher Education (OHE) under Minn. Stat. Chapter 136A. Separate from the performance bond that protects student tuition, Minn. Stat. 136A.822, subd. 12 provides for a student records-retention bond — required when a school does not have a binding agreement in place to preserve its records.
The records bond runs to the state of Minnesota and funds the work of retrieving, recovering, maintaining, digitizing, and ultimately destroying academic records if the school closes. Minnesota requires academic records to be preserved long after a student attends, so the state needs a funded way to take custody of them on a closure.
The statute sets the amount at not to exceed $20,000, with the exact figure set by the OHE. This is the corporate-principal version — the school entity is the named principal. Enter the amount on your notice and we issue the bond at a flat 3% with no credit check.
Submit the application with the bond amount the OHE set (up to $20,000) — the executed bond is generated instantly, ready to file.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount the OHE set and file the same day.