NJ private school bonds.
Flat 3%. Enter your amount.

Every New Jersey private career school files a tuition-protection bond with the Department of Labor & Workforce Development. The amount is the greater of $20,000 or 5% of gross annual tuition — we issue it at a flat 3% with no credit check; enter your figure and the premium updates.

Required by the Department of Labor & Workforce Development for licensed private career schools
Amount is the greater of $20,000 or 5% of gross annual tuition from the prior three years
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
Trusted by industry leaders
NYCEDC
BDG
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Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

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

TODAY · 5 MINUTES

Apply online

Your school details, the bond amount your tuition requires, 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 Department of Labor

Submit the executed bond with your private career school application or renewal. Wet-ink originals mailed whenever the Department insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the greater of $20,000 or 5% of your tuition and the premium updates.

$20,000 bond
$600
$35,000 bond
$1,050
$50,000 bond
$1,500
About this bond

What it is and who needs it.

What the school bond actually covers

New Jersey licenses private career schools — trade, vocational, and other tuition-charging programs that prepare students for the workforce — through the Department of Labor & Workforce Development. Licensure is conditioned on a surety bond that protects students’ tuition.

The bond is a tuition-protection guarantee. It stands behind the school’s obligation to honor its contracts with students and to follow the State’s rules — so that if a school closes mid-program, students can be made whole for tuition paid for training they did not receive.

The amount is the greater of $20,000 or 5% of the school’s gross annual tuition income over the prior three years, so larger schools post larger bonds. If a school fails and students are harmed, they can recover against the bond — and if the surety pays, the school repays the surety.

NJ Dept. of Labor — Private Career SchoolsNew Jersey private career schools are licensed by the Department of Labor & Workforce Development, which conditions licensure on a tuition-protection surety bond in an amount equal to the greater of $20,000 or 5% of the school's gross annual tuition income over the prior three years. The bond is held for the benefit of students; confirm your required amount with the Department on your application.

You need this bond if you are

Opening a private career school — trade, technical, or vocational — in New Jersey
Renewing a school license and recalculating the bond from recent tuition
A cosmetology, CDL, or trade program that charges tuition and trains for the workforce
Told by the Department of Labor to increase your bond as tuition grew

Five minutes, issued on the spot.

Submit the application with your required bond amount — the executed school bond is generated instantly, ready to file with the Department of Labor.

Start the application →
FAQs

Common questions.

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

How much is the NJ private school bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount is the greater of $20,000 or 5% of your gross annual tuition over the prior three years — so a $20,000 bond runs $600, scaling up from there. Enter your figure and the quote updates.
How do I figure out my bond amount? +
Take 5% of your gross annual tuition income (averaged or measured over the prior three years per the Department's instructions); if that's under $20,000, the floor is $20,000. Send us your tuition figures and we'll confirm the amount.
Why does New Jersey require it? +
It protects students' tuition. If a private career school closes before students finish their program, the bond is there to make them whole for tuition paid for training they didn't receive.
Is there a credit check? +
No — the school bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
Who is the obligee? +
The State of New Jersey, through the Department of Labor & Workforce Development. You file the executed bond with your private career school license application or renewal.
Related bonds

Other New York bonds.

School bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter your amount and file with the Department of Labor the same day.

Your premium @ 3%$600
Apply now →