MN private school bonds.
Flat 3%. Enter your amount.
Minnesota conditions a private career school license on a continuous surety bond filed with the Office of Higher Education under Minn. Stat. 136A.822. The amount is 10% of the prior year’s net tuition revenue, with a $10,000 minimum. This is the corporation version — 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 private school bond — enter your amount, pay, and file with the Office of Higher Education. Here is the whole thing:
Apply online
Your school details, the bond amount (10% of last year’s net tuition, $10,000 minimum), 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 10% of last year’s net tuition (minimum $10,000) and the premium updates.
What it is and who needs it.
What the private school bond actually covers
Minnesota licenses private career schools through the Office of Higher Education under Minn. Stat. ch. 136A. No license issues unless the school files a continuous corporate surety bond conditioned on the faithful performance of all contracts and agreements with students — that is the core promise of Minn. Stat. 136A.822.
The bond runs to the State of Minnesota and to any student with a cause of action for breach of a contract or agreement made by the school. If a school takes tuition and fails to deliver the training, or closes mid-program, harmed students can recover against the bond.
The amount is 10% of the preceding year’s net revenue from student tuition, fees, and other required institutional charges, but never less than $10,000; a school operating at multiple locations may combine revenue across locations. This is the corporation version — the corporation is the principal. Enter the figure the office calculated 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 bond amount — the executed private school 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.
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Other New York bonds.
Private school bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter your calculated amount and file with the Office of Higher Education the same day.