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 partnership version — we issue it at a flat 3% with no credit check.

Required under Minn. Stat. 136A.822 — filed with the Office of Higher Education
Amount is 10% of last year’s net tuition, fees, and required charges — never less than $10,000
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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How it works

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:

TODAY · 5 MINUTES

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.

INSTANTLY

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.

SAME DAY

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.

$10,000 bond
$300
$25,000 bond
$750
$50,000 bond
$1,500
About this bond

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, 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 partnership version — the partnership is the principal. Enter the figure the office calculated and we issue it at a flat 3% with no credit check.

Minn. Stat. 136A.822 (Office of Higher Education)Minn. Stat. 136A.822 requires a private career school to file with the Office of Higher Education a continuous corporate surety bond conditioned on the faithful performance of all contracts and agreements with students. The bond runs to the state and to any student with a cause of action, in an amount equal to 10% of the preceding year’s net revenue from tuition, fees, and required institutional charges, but not less than $10,000. Confirm the figure the office calculated for your school.

You need this bond if you are

A private career school organized as a partnership registering with the Office of Higher Education
Renewing your school registration and recalculating the bond from last year’s tuition
Adding a program or location that changes your net tuition revenue
Two or more owners operating a vocational school together for tuition

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Minnesota private school bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is 10% of your prior year’s net tuition, fees, and required institutional charges, with a $10,000 statutory minimum. Enter that figure and the quote updates.
How do I calculate the bond amount? +
Take your preceding year’s net revenue from student tuition, fees, and other required institutional charges, and multiply by 10% — but never go below the $10,000 floor. Schools with multiple locations may combine revenue. The Office of Higher Education confirms the figure on your registration.
Is there a credit check? +
No — the private school bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
What does the bond protect? +
It guarantees the school’s faithful performance of its contracts with students. The bond runs to the state and to any student harmed by a breach — if a school closes mid-program or fails to deliver, students can recover against the bond. If the surety pays, it can recover from the partnership.
Do I also need the student-records bond? +
Possibly. Minn. Stat. 136A.822 has a separate subdivision (subd. 12) requiring a records security of up to $20,000 to preserve academic records on closure. That is a different bond from this performance bond — we write both.
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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.

Your premium @ 3%$300
Apply now →