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Ohio autism scholarship bonds.
From $100.

A registered provider in the Ohio Autism Scholarship Program must file a surety bond safeguarding the scholarship funds it receives. The bond amount is the greater of one-twelfth of last year’s scholarship funds or $10,000, capped at $250,000. Premiums are 1% of the bond amount, with a $100 minimum, and no credit check up to $25,000.

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Required of Autism Scholarship Program providers — under Ohio Administrative Code 3301-103-07
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Amount is the greater of 1/12 of prior-year scholarship funds or $10,000 — capped at $250,000
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No credit check up to $25,000 — above that, a soft pull at most, which never affects your score
1% rate$100 minimumInstantapproval for mostNo credit check up to $25,000above that, a soft pull at most, never a hard inquiry
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 an Ohio autism scholarship 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 autism scholarship bond — enter your amount, pay, and file with the state. Here is the whole thing:

TODAY · ONLINE

Apply online

Your provider details, the required bond amount, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No waiting — the executed bond is generated as soon as you pay. Most applications approve instantly. Above $25,000, a soft pull may add a short review.

SAME DAY

File with your provider registration

Submit the executed bond with your Autism Scholarship Program provider paperwork. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the autism scholarship bond covers

The Ohio Autism Scholarship Program lets families of children with autism use state scholarship funds to pay an approved provider for special-education services. Providers register with the state, and under Ohio Administrative Code 3301-103-07 a registered provider must post a surety bond.

The amount is the greater of one-twelfth of the scholarship funds the provider received in the prior year or $10,000, with a $250,000 cap — so it scales with how much scholarship money flows through you, while staying bounded at both ends.

The bond is a financial guarantee to the state: if a provider violates the program rules or mishandles scholarship funds and causes a loss, the state can recover against the bond. The bond runs continuously and renews annually for as long as you participate. If the surety pays, you repay the surety.

OAC 3301-103-07Under Ohio Administrative Code 3301-103-07, an Autism Scholarship Program provider must file a surety bond in an amount equal to the greater of one-twelfth of the scholarship funds received during the previous program year or $10,000, not to exceed $250,000. The bond is continuous until canceled and renews annually. Confirm your required amount with the program before filing.

You need this bond if you are

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A registered autism scholarship provider delivering services paid with program funds
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Applying as a new provider that must post the bond before approval
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Renewing your provider registration for the next program year
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Recalculating your amount after a change in the scholarship funds you received
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 your provider registration. Submit the executed bond with your Autism Scholarship Program provider paperwork. Wet-ink originals mailed whenever the state 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 bond is generated instantly, ready to file with your provider registration.

Start the application →
FAQ

Common questions.

How much is the autism scholarship bond?The premium is 1% of the bond amount, with a $100 minimum. The bond amount itself is the greater of one-twelfth of last year’s scholarship funds or $10,000, capped at $250,000. Enter your figure at the application to see your exact price.
Who requires this bond?The state, as a condition of registering as an Autism Scholarship Program provider, under Ohio Administrative Code 3301-103-07. The bond safeguards the scholarship funds you receive on behalf of participating families.
How do I figure out my amount?Take one-twelfth of the scholarship funds you received in the prior program year. If that figure is below $10,000, the bond is $10,000; if it exceeds $250,000, the bond caps at $250,000. New providers usually start at the $10,000 minimum.
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. Premiums are calculated at a flat 1% rate with a $100 minimum.
Does it renew?Yes — the bond is continuous until canceled and renews annually for as long as you participate in the program. We send renewal notices 60 and 30 days out, with autopay available.
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 .

Autism scholarship bond, issued today.

1% of the bond amount with a $100 minimum. Enter your required amount and file the same day.

Your premiumfrom $100
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