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New Hampshire career school bonds.
From $100.

Before New Hampshire licenses or renews a private postsecondary career school, the school must provide surety indemnification under RSA 188-G, filed with the Higher Education Commission. The amount is generally 10% of gross tuition (minimum $10,000). Pricing starts from $100.

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Required for a NH private postsecondary career school license under RSA 188-G
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Amount is generally 10% of gross tuition, minimum $10,000 — confirm yours with the Higher Education Commission
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No credit check up to $25,000 — above that, a soft pull at most, which never affects your score
From $1001% of the bond amount, $100 minimumNo credit check up to $25,000above that, a soft pull at most, never a hard inquiryFastinstant underwriting for most applicants
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 New Hampshire career school 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 career school bond — enter your amount, pay, and file with the Commission. Here is the whole thing:

TODAY · ONLINE

Apply online

Your school details, the bond amount (about 10% of gross tuition), and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $25,000. Above $25,000, a soft pull may add a short review.

SAME DAY

File with the Higher Education Commission

Submit the executed bond as your surety indemnification with your school license application or renewal. Wet-ink originals mailed whenever the Commission insists.

About this bond

What it is and who needs it.

What the career school bond actually covers

New Hampshire regulates private postsecondary career schools under RSA 188-G, through the Higher Education Commission. Before a license is issued or renewed, the school must furnish surety indemnification — a surety bond is one of the accepted forms, alongside an irrevocable letter of credit or a term deposit.

The bond is a student-protection guarantee: it is conditioned on the school, its officers, agents and employees faithfully performing the tuition and instructional-fee contracts they enter into with enrolling students. If a school closes mid-program or breaches those contracts, students can recover prepaid tuition against the bond.

The amount is generally 10% of the school's gross tuition, with a $10,000 minimum. If the surety cancels or discontinues coverage, the school's license is revoked by law on the effective date unless a replacement bond is filed — so we track yours and notify you well ahead. Enter your figure and your price, from $100, appears at the application.

RSA 188-GNew Hampshire RSA 188-G governs private postsecondary career schools under the Higher Education Commission. Before licensing or renewal, a school must furnish surety indemnification — a bond, irrevocable letter of credit, or term deposit — conditioned on faithful performance of tuition and instructional-fee contracts with students. The required amount is generally 10% of gross tuition with a $10,000 minimum; if bond coverage is cancelled, the license is revoked as a matter of law unless a replacement is filed. Confirm your amount with the Commission.

You need this bond if you are

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A private postsecondary career school licensed or seeking a license under RSA 188-G
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A trade, technical or vocational school charging tuition for non-degree programs in NH
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Renewing your school license and refiling surety indemnification with the Commission
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Replacing a cancelled bond to avoid automatic revocation of your license
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 Higher Education Commission. Submit the executed bond as your surety indemnification with your school license application or renewal. Wet-ink originals mailed whenever the Commission 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 career school bond is generated instantly, ready to file with the Higher Education Commission.

Start the application →
FAQ

Common questions.

How much is the New Hampshire career school bond?Pricing is 1% of the bond amount, with a $100 minimum. The bond amount itself is generally 10% of your gross tuition (minimum $10,000) under RSA 188-G, so enter that figure to see your exact price.
How do I figure out the bond amount?It is generally 10% of your gross tuition, with a $10,000 floor. The Higher Education Commission sets the exact figure for your school — confirm it with them, then enter it and your price appears.
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.
What happens if my bond is cancelled?Under RSA 188-G, if the surety cancels or discontinues coverage, the school's license is revoked as a matter of law on the effective date — unless a replacement bond is filed first. We send renewal and lapse notices well ahead so that never sneaks up on you.
Can I use a letter of credit instead?RSA 188-G accepts a surety bond, an irrevocable letter of credit, or a term deposit. A surety bond is usually cheapest — you pay the 1% premium rather than tying up the full amount in bank collateral or cash.
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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Price and requirements checked on the carrier’s application, . Page updated .

Career school bond, issued today.

Pricing from $100. Enter your amount and file with the Commission the same day.

Your premiumfrom $100
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