WA degree-granting bonds.
From $100.

A degree-granting institution authorized to operate in Washington files a surety bond with the Student Achievement Council under RCW 28B.85.070. The Council sets the amount — often $50,000 per site for initial authorization — pricing starts from $100, and pricing runs 0.775% of the bond amount, $100 minimum.

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Required under RCW 28B.85.070 for authorization by the Student Achievement Council

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Amount set by the Council — commonly $50,000 per site at initial standard authorization

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From $100 — enter the required amount and your exact price appears at the application

From $100most applicants qualify hereNo credit review at the standard amountnot even a soft pull at the standard amountFastissuance for most

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How it works

Apply to filed in one sitting.

No underwriting queue for the standard institution bond — enter your amount, pay, and file with the Council. Here is the whole thing:

TODAY · ONLINE

Apply online

Your institution details, the bond amount the Council set, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

Most applications approve instantly, and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review, and

SAME DAY

File with the Student Achievement Council

Submit the executed bond with your authorization file. Wet-ink originals mailed whenever the Council insists on them.

About this bond

What it is and who needs it.

What the institution bond actually covers

Washington's Student Achievement Council authorizes degree-granting institutions to operate under the Degree-Granting Institutions Act (chapter 28B.85 RCW). RCW 28B.85.070 lets the Council require an institution to keep an approved surety bond on file as a condition of authorization.

The bond is a student-protection guarantee: it backs the institution's obligations to its students so that, if the school closes or fails to deliver the education it sold, harmed students can recover against the bond — for example to refund tuition or fund teach-outs.

The Council sets the amount; the regulations (chapter 250-61 WAC) commonly call for $50,000 per site at initial standard authorization, and the Council can set a different figure. An institution may also deposit cash or other acceptable security in lieu of a bond. Enter the amount the Council set to start the application; pricing starts from $100, and the application collects no credit information at the standard amount.

RCW 28B.85.070 (Degree-granting institutions — Surety bonds)RCW 28B.85.070, within the Degree-Granting Institutions Act (chapter 28B.85 RCW), lets the Washington Student Achievement Council require a degree-granting institution to keep an approved surety bond (or security in lieu of a bond) on file in an amount determined by the Council. Chapter 250-61 WAC commonly sets $50,000 per site for initial standard authorization; confirm your amount with the Council.

You need this bond if you are

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A degree-granting institution seeking authorization from the Student Achievement Council

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Adding a site the Council requires you to bond per location

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Renewing authorization whose bond is expiring or needs resizing

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Replacing a cash deposit with a surety bond to free up your security

One application, issued on the spot.

Submit the application with the bond amount the Council set — the executed bond is generated instantly, ready to file.

Start the application →

FAQ

Common questions.

How much is the Washington degree-granting institution bond?Pricing starts from $100 and depends on the bond amount and your applicant profile. The amount is set by the Student Achievement Council — commonly $50,000 per site at initial authorization. Enter your amount and your exact price appears at the application.

Who sets the amount?The Student Achievement Council, under RCW 28B.85.070. The regulations (chapter 250-61 WAC) commonly use $50,000 per site for initial standard authorization, but the Council can set a different figure for your institution.

Is there a credit check?The application collects no credit information at the standard amount, and most applications approve instantly. Larger bond amounts may get a quick review, and

Can I use a cash deposit instead?Yes — the statute lets an institution deposit cash or other acceptable security in lieu of a surety bond. A surety bond is usually cheaper than tying up the full amount in cash.

Where do I file it?With the Washington Student Achievement Council, as part of your degree-granting authorization file. We issue the executed bond ready to submit.

Related bonds

Other Washington bonds.

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Pricing from $100. Enter the amount the Council required and file the same day.

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