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Utah postsecondary school bonds.
From $125.

A non-exempt Utah postsecondary school registers with the Division of Consumer Protection and files surety with that registration — a surety bond, an irrevocable letter of credit, or a certificate of deposit — under Utah Code Title 13, Chapter 34 and the Division's rules. Pricing is 1% of the bond amount.

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Filed with the Utah Division of Consumer Protection as part of postsecondary school registration
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Amount is scaled to your gross tuition revenue on the Division's tier table, starting at $12,500
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1% of the bond amount — enter your amount and the exact price appears at the application
1% rate$125 at the $12,500 minimumInstantissued the moment you payNo credit check up to $25,000above that, a soft pull at most, never a hard inquiry
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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 a Utah postsecondary school bond cost?

1% of the bond amount, from $125 at the $12,500 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue on a student-protection surety at these amounts — enter your figure, pay, and file with the Division. The whole thing:

TODAY · ONLINE

Apply online

School details, the surety amount your registration requires, a term and an effective date. That is the application. No credit check up to $25,000.

INSTANTLY

Pay & e-sign

The premium is 1% of the bond amount, priced at checkout, so the bond issues the moment you pay. Your executed bond and power of attorney generate on the spot.

SAME DAY

File with the Division

Submit the executed bond with your registration or renewal to the Division of Consumer Protection at the Department of Commerce. Wet-ink original mailed whenever the Division insists.

About this bond

What it is and who needs it.

What the postsecondary school surety covers

Utah regulates private postsecondary education through the Division of Consumer Protection at the Department of Commerce, not through a board of regents. A non-exempt school registers under Utah Code Title 13, Chapter 34 — the chapter now titled the Utah Postsecondary School and State Authorization Act, and known for years before that as the Utah Postsecondary Proprietary School Act — and the registration is conditioned on filing acceptable surety.

The purpose is narrow and unusually concrete: student refunds. If a school closes mid-program, or violates the Act in a way that leaves tuition unearned, the surety is the fund the Division looks to so students are not left holding paid-for instruction that never arrives. That is why the amount is keyed to gross tuition revenue rather than to the school's size in students or square feet — it tracks the money at risk.

The Division accepts a surety bond, an irrevocable letter of credit, or a certificate of deposit, and a school may combine instruments to reach the required figure. The surety must stay in place while students are enrolled and may not expire earlier than a set window after the last student leaves. The bond is not insurance for you — if the surety pays a student claim, you repay the surety — but it is dramatically cheaper than parking the same sum in a bank instrument the school cannot touch.

Utah Code Title 13, Chapter 34 · Utah Admin. Code R152-34Utah Code Title 13, Chapter 34 — the Utah Postsecondary School and State Authorization Act, formerly the Utah Postsecondary Proprietary School Act — requires a non-exempt postsecondary school to register with the Division of Consumer Protection and to file surety with that registration. The Division's rules under Utah Admin. Code R152-34 provide that the school shall obtain a surety bond, certificate of deposit, or irrevocable letter of credit in a form and amount approved by the Division; the amount is set from a tier table keyed to the school's gross tuition revenue, beginning at $12,500 for the smallest revenue band and rising with revenue. A school in its first year of operation bases the amount on projected gross tuition revenue for its first 12 months; a school operating in Utah without a physical location bases it on gross tuition revenue attributable to Utah residents; and more than one instrument may be combined to reach the required amount. The surety must remain in force while students are enrolled and may not expire before the window the rule specifies after the last student's enrollment ends. Schools that demonstrate other proof of financial viability under the rule may be excused from the surety. Confirm your tier and the exact amount with the Division before you buy.

You need this bond if you are

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Registering a Utah postsecondary school with the Division of Consumer Protection
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A trade, technical, cosmetology, CDL or coding school charging tuition to Utah students
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An out-of-state or online school enrolling Utah residents without a physical Utah location
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Renewing registration after a year in which gross tuition revenue moved you into a new tier
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 the Division. Submit the executed bond with your registration or renewal to the Division of Consumer Protection at the Department of Commerce. Wet-ink original mailed whenever the Division 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 instantly.

These are the actual issuing fields. No credit check up to $25,000.

Start the application →
FAQ

Common questions.

How much is the Utah postsecondary school bond?The premium is 1% of the bond amount your registration requires. Enter that figure and your exact price appears at the application — no quote round-trip.
What amount should I enter?The amount the Division of Consumer Protection calculated for your school. It comes off a tier table keyed to gross tuition revenue and starts at $12,500 for the smallest revenue band; a school in its first year uses projected gross tuition revenue for its first 12 months, and a school with no physical Utah location uses revenue attributable to Utah residents.
Do I pay the full bond amount?No. You pay the premium — 1% of the bond amount. The bond amount is the surety's maximum exposure on student claims; nobody holds your money. A certificate of deposit or letter of credit for the same figure would tie up the whole sum.
What does the bond guarantee?Refunds to students. If the school closes or breaches the Act and students are left with unearned tuition, the Division looks to the surety. It is not a quality-of-instruction guarantee and it does not stand behind accreditation.
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. Most applicants approve instantly.
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 .

Get the registration filed.

Enter your amount, see the exact price, and file with the Division of Consumer Protection. Free until issued.

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