Ohio private school bonds.
From $100.
A private or career school applying for an Ohio certificate of registration must file a surety bond with the State Board of Career Colleges and Schools under R.C. 3332.08. It protects students’ prepaid tuition if the school closes. The bond amount is at least $10,000, scaled up by tuition revenue. Premiums are 1% of the penal sum, with a $100 minimum.
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How much does an Ohio private school 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 registration bond — enter your amount, pay, and file with the Board. Here is the whole thing:
Apply online
Your school details, the penal sum the Board set, and the effective date — that is the application.
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.
File with the Board of Career Colleges and Schools
Submit the executed bond with your certificate of registration application. Wet-ink originals mailed whenever the Board insists.
What it is and who needs it.
What the registration bond covers
Ohio regulates private and career schools through the State Board of Career Colleges and Schools. A school can't operate without a certificate of registration, and under R.C. 3332.08 the application must be accompanied by a surety bond in a penal sum the Board sets by rule.
The bond's purpose is prepaid-tuition protection. If the school closes, has its registration revoked, or otherwise fails to deliver the program a student paid for, the bond indemnifies the State and the harmed students, enrollees, or parents for the prepaid tuition and fees they lose.
The penal sum is at least $10,000 and is scaled by the Board based on total tuition revenue and the school's compliance with financial-responsibility standards — so a larger school carries a larger bond. If the surety pays a claim, you repay the surety.
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 the Board of Career Colleges and Schools. Submit the executed bond with your certificate of registration application. Wet-ink originals mailed whenever the Board 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 penal sum the Board set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Ohio bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Registration bond, issued today.
1% of the penal sum with a $100 minimum. Enter the Board’s penal sum and file the same day.