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Nevada private postsecondary bonds.
From $100.

Nevada requires a private postsecondary educational institution to file a surety bond under NRS 394.480 with the Commission on Postsecondary Education — a guarantee that indemnifies students if the school violates the licensing law. The statute sets a $10,000 minimum, or a greater amount the Commission determines; premiums start from $100.

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Required under NRS 394.480 for institutions licensed by the Commission on Postsecondary Education
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Amount is the $10,000 statutory minimum or a greater figure the Commission sets for your institution
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No credit check up to $25,000 — above that, a soft pull at most, which never affects your score
From $100your exact price at applicationInstantapproval for mostNo credit check up to $25,000above that, a soft pull at most, never a hard inquiry
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 Nevada private postsecondary bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard school bond — enter your amount, pay, and file with the Commission. Here is the whole thing:

TODAY · ONLINE

Apply online

Your institution's details, the bond amount the Commission set, and the effective date — that is the application.

USUALLY INSTANT

Issued on the spot

No credit check up to $25,000, and most applications approve instantly as soon as you pay. Above $25,000, a soft pull may add a short review.

SAME DAY

File with the Commission

Submit the executed bond, payable to the State of Nevada, with your license application or renewal to the Commission on Postsecondary Education. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the school bond actually guarantees

Nevada licenses private postsecondary educational institutions through the Commission on Postsecondary Education, and NRS 394.480 conditions that license on a surety bond. The bond is a student-indemnity guarantee: it is payable to the State of Nevada for the benefit of any student, enrollee, or parent the Commission determines was damaged by the school violating the licensing statutes (NRS 394.383 to 394.560).

The statute sets the amount at $10,000, or a greater figure the Commission determines — and the Commission may require an additional bond. The bond is executed by the institution's owner as principal, a surety company as surety, and a Nevada-resident licensed agent. The same requirement applies to entities authorized to employ agents in the state.

A surety can be released on 30 days' written notice to the Administrator, but that release does not erase claims for damage that occurred while the bond was in force — and a school's license is suspended by operation of law the moment it is no longer covered. We keep your filing continuous and price from $100, with no credit check up to $25,000.

NRS 394.480 (Commission on Postsecondary Education)NRS 394.480 requires a private postsecondary educational institution to file a surety bond — $10,000, or a greater amount determined by the Commission on Postsecondary Education, which may also require an additional bond. The bond is payable to the State of Nevada and conditioned to indemnify any student, enrollee, or parent the Commission determines was damaged by a violation of NRS 394.383 to 394.560. A license is suspended by operation of law when the institution is no longer covered.

You need this bond if you are

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A private postsecondary school applying for or renewing a Commission on Postsecondary Education license
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A trade, career, or vocational institution licensed under NRS Chapter 394
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An entity that employs agents to enroll Nevada students and is required to be bonded
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Replacing a released bond so your license is not suspended by operation of law
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 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 the Commission. Submit the executed bond, payable to the State of Nevada, with your license application or renewal to the Commission on Postsecondary Education. Wet-ink originals mailed on request.

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 the bond amount the Commission set — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Nevada private postsecondary school bond?Premiums start from $100 and are priced by bond amount. The bond amount is the $10,000 statutory floor under NRS 394.480, or a greater figure the Commission on Postsecondary Education sets for your institution. Enter the amount and your exact price appears at the application.
Who requires this bond?The Commission on Postsecondary Education, as a condition of licensing a private postsecondary educational institution under NRS Chapter 394. The bond is payable to the State of Nevada for the benefit of damaged students.
Is there a credit check?No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
What does the bond protect?It indemnifies any student, enrollee, or parent the Commission determines was damaged by the school violating the licensing statutes — for example, if the school closes or fails to deliver the education it sold. If the surety pays a claim, the school repays the surety.
What happens if the bond lapses?Under NRS 394.480, a license is suspended by operation of law the moment the institution is no longer covered by the required bond. We track expirations and send renewal notices 60 and 30 days out so your filing stays continuous.
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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