North Carolina proprietary school bonds.
From $250.
North Carolina licenses private proprietary schools through the State Board of Community Colleges, and conditions the license on a guaranty bond under G.S. 115D-95 that protects students’ prepaid tuition. The board sets the amount — at least $25,000 at first licensure — and pricing starts from $250, with your exact price shown at the application.
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How much does a North Carolina proprietary school bond cost?
1% of the bond amount, from $250 at the $25,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard proprietary school bond — enter your amount, pay, and file with the Office of Proprietary Schools. Here is the whole thing:
Apply online
Your school’s details, the bond amount the board required, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000, and most bonds are issued as soon as you pay. Above $25,000, a soft pull may add a short review.
File with your license application
Submit the executed guaranty bond with your proprietary school license or renewal to the State Board of Community Colleges. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the proprietary school bond actually covers
North Carolina regulates private proprietary schools under Chapter 115D, Article 8, with licensing run by the State Board of Community Colleges through its Office of Proprietary Schools. Operating a proprietary school without the required license and bond is a misdemeanor under G.S. 115D-96.
The guaranty bond under G.S. 115D-95 protects students if the school closes or fails to deliver the training they paid for. At first licensure the bond must be sufficient to protect every enrolled student, with a statutory minimum of $25,000. At renewal it is generally tied to the greatest amount of unearned (prepaid) tuition the school held during the prior fiscal year.
It works alongside the state’s Student Protection Fund (G.S. 115D-95.1), which schools also pay into. The bond and the fund together stand behind tuition refunds — and if the surety pays a claim, the school repays the surety. Whatever amount your licensing letter names, pricing starts from $250 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 license application. Submit the executed guaranty bond with your proprietary school license or renewal to the State Board of Community Colleges. Wet-ink originals mailed whenever the office 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 the bond amount the board required — the executed bond is generated instantly, ready to file with your license application.
Start the application →Common questions.
Other North Carolina bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Proprietary school bond, issued today.
Pricing from $250. Enter the amount the board required and file the same day.