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Mississippi proprietary school bonds.
$500 flat.

Mississippi conditions a proprietary school's certificate of registration on a $50,000 surety bond filed with the Commission on Proprietary School and College Registration under Miss. Code § 75-60-17. Ours is $500 flat.

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Required for your CPSCR certificate of registration under Miss. Code § 75-60-17
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Fixed amount, fixed price — $50,000 bond, $500, no quote theater
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One soft credit pull — never a hard inquiry, and it never affects your score
A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available
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 Mississippi proprietary school bond cost?

$500 at the $50,000 amount, the same for every applicant.

How it works

Three steps to registered.

Your certificate of registration is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, a few commercial questions, and an effective date. The only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the CPSCR

Pay online and receive the executed bond ready to file with your certificate of registration application. Wet-ink originals mailed whenever the Commission insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

Mississippi licenses proprietary (private vocational and career) schools through the Commission on Proprietary School and College Registration under the Proprietary Schools and Colleges law (Mississippi Code chapter 75-60). A school's certificate of registration is conditioned on a $50,000 surety bond.

The bond is a student-protection guarantee. Under Miss. Code § 75-60-17, it indemnifies any person who suffers loss as a result of a false certification, a school closing, or fraud or misrepresentation used to procure enrollment — including the repayment of tuition paid in advance by a student.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Mississippi (the obligee), with your students as the protected parties. If the surety pays a claim, you repay the surety — schools that deliver the training students paid for treat the bond as a registration formality.

Miss. Code § 75-60-17 (CPSCR bond)Mississippi Code § 75-60-17 conditions a proprietary school's certificate of registration on a surety bond — $50,000 — in a form prescribed by the Commission on Proprietary School and College Registration, with a corporate surety approved by the Department of Insurance. The bond indemnifies any person suffering loss from a false certification, school closure, or fraud or misrepresentation used to procure enrollment, including repayment of tuition paid in advance. Confirm the current amount and form with the CPSCR.

You need this bond if you're

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Applying for a CPSCR certificate of registration — a new private vocational or career school
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Renewing your registration and your current bond is expiring or non-renewing
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An out-of-state school registering to offer programs to Mississippi students
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Adding a campus or program the Commission ties to a bond filing
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 $50,000 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; a longer term is the same price per year, chosen at checkout.

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

E-sign & file with the CPSCR. Pay online and receive the executed bond ready to file with your certificate of registration application. Wet-ink originals mailed whenever the Commission insists.

What sets the price

The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

Do I pay the $50,000?No. You pay $500 flat. The $50,000 is the surety's maximum liability to the state and harmed students; it's not a deposit, and nobody holds your money.
Who requires this bond?The Commission on Proprietary School and College Registration requires it as a condition of a certificate of registration, under Miss. Code § 75-60-17. No active bond, no registration.
What does the bond protect against?Student losses — false certification, a school closing, or fraud or misrepresentation used to procure enrollment, including the repayment of tuition paid in advance. If the surety pays, you repay the surety.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It's the only extra step beyond the application, and it informs approval, not price. The price is $500 flat either way: credit can affect whether we approve the bond, never what it costs.
When does it renew?Terms run 1, 2, or 3 years — your choice at purchase. You'll get renewal notices 60 and 30 days before expiration, with autopay available, and the bond must stay active for your registration to stay valid.
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.
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Nearby states

The same bond in nearby states.

Been told you need a different amount?

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

The CPSCR is waiting on one document.

$500 flat, short application, bond issued when you pay. Free until issued.

Your price$500
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