Wisconsin private school bonds.
From $100.
Wisconsin protects students who prepay tuition to a private or postsecondary school with a surety bond — so if the school closes before delivering the courses, students and sponsors can recover their unearned tuition. Pricing is 1% of the bond amount, $100 minimum — and your exact price appears at the application. Enter the amount your approval requires.
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How much does a Wisconsin 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 private school bond — enter your amount, pay, and file. Here is the whole thing:
Apply online
Your school details, the bond amount your approval requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000. Above $25,000, a soft pull may add a short review.
File with your approving authority
Submit the executed bond with your school approval or registration. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the private school bond actually covers
Wisconsin requires private trade, business, technical, and postsecondary schools to be approved before enrolling students, and a tuition-protection surety bond is part of that approval. The bond is a consumer-protection guarantee: it backs the prepaid tuition and fees a student — or a parent or sponsor — pays in advance.
If a school closes or fails to deliver the courses after payment, the student, parent, or sponsor is entitled to a refund of unearned tuition, and the surety pays valid claims up to the penal sum. Indemnification is limited to advance tuition, book, supply, or equipment fees, and total surety liability cannot exceed the bond amount regardless of how many years the bond runs.
Wisconsin's Educational Approval Board was eliminated in 2017; the Educational Approval Program now sits within the Department of Safety and Professional Services (Wis. Admin. Code ch. SPS 404). The required amount is set by that authority and generally tracks the advance tuition you hold — confirm your figure on your approval, and we'll issue it.
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 approving authority. Submit the executed bond with your school approval or registration. 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 your approval requires — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Wisconsin bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Private school bond, issued today.
From $100. Enter the amount your approval requires and file the same day.