WI Special Needs Scholarship bonds.
From $100.

Wisconsin's Special Needs Scholarship Program (SNSP) can require a participating private school to post a surety bond payable to the state, equal to 25% of the scholarships it expects to receive that year. The premium is 1% of the bond amount, with a $100 minimum, shown at the application after you enter the amount DPI requires.

✓

Required under Wis. Stat. 115.7915 and PI 49 for SNSP schools that do not meet the financial test

✓

Amount equals 25% of expected SNSP scholarships for the school year — payable to the state

✓

1% of the bond amount, $100 minimum — enter the amount DPI requires and your exact price appears at application

1% / $100 minthe rate-based price shown at applicationNo credit reviewnot even a soft pullInstantapproval for most

Trusted by industry leaders

How it works

Apply to filed in one sitting.

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

TODAY · ONLINE

Apply online

Your school details, the bond amount DPI required, and the effective date — that is the entire application. The application collects no credit information.

INSTANTLY

Issued on the spot

Most applications approve instantly — the executed bond is generated as soon as you pay. If a check runs, it is a soft pull that never affects your score.

BY YOUR DPI DEADLINE

File with the Department of Public Instruction

Submit the executed bond to DPI to keep your school in good standing in the SNSP. Wet-ink originals mailed whenever DPI insists.

About this bond

What it is and who needs it.

What the SNSP bond actually covers

Wisconsin's Special Needs Scholarship Program, run by the Department of Public Instruction (DPI) under Wis. Stat. 115.7915, lets eligible students with disabilities attend a participating private school using state-funded scholarships. The program protects those public dollars with a surety bond requirement.

A school that expects to receive at least $50,000 in SNSP scholarships must file a surety bond payable to the state equal to 25% of the scholarships it expects to receive that year — unless it instead satisfies DPI's financial-viability test (an audit or a budget and cash-flow report). The bond is the fallback when a school doesn't meet that test.

The bond backs the school's obligations to DPI — refunding the department when it stops participating, and filing required audits and enrollment reports on time. If DPI recovers on a valid claim, the school repays the surety; it is not insurance for the school. Enter the figure on your DPI notice and see your exact price at the application.

Wis. Stat. 115.7915(6)(f); Wis. Admin. Code PI 49Under Wis. Stat. 115.7915(6)(f) and Wis. Admin. Code ch. PI 49, a private school expecting at least $50,000 in Special Needs Scholarship Program scholarships must file a surety bond payable to the state equal to 25% of the scholarships it expects to receive that year, unless it meets DPI's financial-viability requirements (a standard audit or an approved budget and cash-flow report). The bond protects DPI if the school fails to file required reports or to refund the department after leaving the program. Confirm your required amount on your DPI notice.

You need this bond if you are

✓

An SNSP-participating private school DPI has determined doesn't meet the financial test

✓

A new SNSP school expecting $50,000+ in scholarships in your first year

✓

Renewing your SNSP participation and re-filing the annual bond by your DPI deadline

✓

A school that missed the budget deadline and now must post the bond instead

One application, issued on the spot.

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

Start the application →

FAQ

Common questions.

How much is the Wisconsin SNSP bond?The premium is 1% of the bond amount, with a $100 minimum, shown at the application. The amount itself equals 25% of the SNSP scholarships your school expects to receive that year, so it scales with your enrollment.

Does every SNSP school need a bond?No. A school only needs the bond if it expects at least $50,000 in scholarships and doesn't meet DPI's financial-viability test — a standard audit, or an approved budget and cash-flow report. The bond is the fallback option when the financial test isn't met.

Who is the bond payable to?The state of Wisconsin, for the benefit of DPI. It protects the department if the school fails to file required audits or enrollment reports, or fails to refund DPI after it stops participating in the program.

Is there a credit check?The application collects no credit information. Most applications approve instantly; if a check runs, it is a soft pull that never affects your credit score.

How do I figure out my bond amount?It's 25% of the SNSP scholarships your school expects to receive this year. DPI calculates and sends a prefilled figure to schools that need a bond — enter that amount and see your price.

Related bonds

Other Wisconsin bonds.

SNSP bond, issued today.

Premiums from $100. Enter the amount DPI required and file by your deadline.

Start application

Your premiumfrom $100

Apply now →