Missouri proprietary school bonds.
From $100.
Missouri requires a private or proprietary school to post security as a condition of its Certificate of Approval, under RSMo §§173.600–173.619, filed with the Department of Higher Education and Workforce Development (DHEWD). We issue it as a performance surety bond, priced at 1% of the bond amount, $100 minimum.
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How much does a Missouri proprietary school bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard proprietary school bond — enter your amount, pay, and file with DHEWD. Here is the whole thing:
Apply online
Your school’s details, the bond amount (10% of prior-year gross tuition, within the $5,000–$100,000 range), and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000. No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score. Above $25,000, a soft pull may add a short review.
File with DHEWD
Submit the executed performance surety bond with your Certificate of Approval application or renewal to the Department of Higher Education and Workforce Development. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the proprietary school bond actually covers
Missouri certifies private and proprietary schools through the Department of Higher Education and Workforce Development (DHEWD) and the Coordinating Board for Higher Education, under RSMo §§173.600–173.619. A Certificate of Approval requires the school to post security, and a performance surety bond is one of the accepted forms.
The bond is a student-protection guarantee: it stands behind the contractual and statutory rights of students, protects against a school’s wrongful acts, and helps ensure tuition refunds and proper handling of student records if a school closes. The statute lets a school satisfy the security with a surety bond, an irrevocable letter of credit, or a cash bond secured by a certificate of deposit — most choose the bond because it costs the 1% premium rather than tying up the full amount.
The amount is the greater of $5,000 or 10% of the preceding year’s gross tuition, but never more than $100,000 (a school may post more at its own discretion). Confirm your figure with DHEWD, enter it, and we issue the bond from $100 — no credit check up to $25,000.
You need this bond if you are
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 DHEWD. Submit the executed performance surety bond with your Certificate of Approval application or renewal to the Department of Higher Education and Workforce Development. Wet-ink originals mailed whenever the office insists.
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 your required bond amount — the executed performance surety bond is generated instantly, ready to file with DHEWD.
Start the application →Common questions.
Other Missouri bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Proprietary school bond, issued today.
Pricing from $100. Enter your required amount and file with DHEWD the same day.
