North Carolina postsecondary education bonds.
From $100.
North Carolina conditions licensure of a postsecondary school on a student-protection bond, filed with the UNC Board of Governors for degree-granting institutions or the State Board of Community Colleges for proprietary schools. The licensing authority sets the amount. Premiums are 1% of the bond amount, with a $100 minimum.
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How much does a North Carolina postsecondary education 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 school bond — enter your amount, pay, and file with your licensing authority. Here is the whole thing:
Apply online
Your school details, the bond amount your licensing authority required, and the effective date — that is the application.
Issued on the spot
Most applications approve instantly — the executed bond is generated as soon as you pay. No credit check up to $25,000. Above $25,000, a soft pull may add a short review.
File with your licensing authority
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.
What it is and who needs it.
What the school bond actually covers
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 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 your licensing authority. 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.
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 your licensing authority required — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other North Carolina bonds.
Price and requirements checked on the carrier’s application, . Page updated .
School bond, issued today.
Premiums from $100. Enter the amount your licensing authority set and file the same day.