North Carolina conditions licensure of a postsecondary school on a student-protection bond — filed with the UNC Board of Governors for degree-granting institutions (G.S. 116-15) or the State Board of Community Colleges for proprietary schools (G.S. 115D-90). The licensing authority sets the amount; premiums are 1% of the bond amount, with a $100 minimum, shown instantly at the application.
















No underwriting queue for the standard school bond — enter your amount, pay, and file with your licensing authority. Here is the whole thing:
Your school details, the bond amount your licensing authority required, and the effective date — that is the entire application.
Most applications approve instantly — the executed bond is generated as soon as you pay. If a check ever runs, it is a soft pull that never affects your score. Larger amounts may get a quick review.
Submit the executed bond with your licensure application — to the Board of Governors' licensure office or the State Board of Community Colleges. Wet-ink originals mailed whenever required.
North Carolina licenses postsecondary schools through two different authorities depending on what the school offers. Degree-granting institutions are licensed by the UNC Board of Governors under G.S. 116-15; non-degree proprietary (career, trade, and vocational) schools are licensed by the State Board of Community Colleges under G.S. 115D-90.
Both require a student-protection (tuition guaranty) bond as a condition of licensure. The bond protects students if the school closes or fails to deliver the instruction they paid for — it backs refunds of prepaid, unearned tuition. The licensing authority sets the amount, which is generally sized to the prepaid tuition the school holds.
For degree programs, the tuition guaranty bond filed with the Board of Governors must be at least $10,000 and sufficient to cover the maximum prepaid tuition on hand. Proprietary schools often start a first-time applicant at $25,000. Enter the figure your authority set; premiums start at $100 and the application collects no credit information.
Submit the application with the bond amount your licensing authority required — the executed bond is generated instantly, ready to file.
Start the application →Premiums from $100. Enter the amount your licensing authority set and file the same day.