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Private School Bonds

  • All types of private school bonds
  • Lowest rates in all states
  • Secure online application
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Private School Bonds Explained

Private school bonds are a category of surety bonds which are required in some states, from a variety of schools which offer private tuition. There are literally dozens of different types of school bonds a principal can be required to obtain. They can range from driving school or cosmetology school, to private business and vocational school bonds.

What exactly is guaranteed by each private school bond will vary, but most bond forms include some sort of protection of the contractual and statutory rights of students. The bonds usually guarantee that tuition fees paid in advance by students are protected, in case the school closes prematurely or fails to fulfill their contractual obligations towards its students.

Ready to apply? Find the bond you need in the table below and start your online application. If you wish to learn more about this type of bonds, continue reading the sections below.

Need help? Simply call us at (877) 514-5146 and let us know what we can do for you.

Find Your Surety Bond

  • Alabama
    Private School Performance Bond
    Department of Post Secondary Education
  • Alabama
    Private School Agents
    Department of Postsecondary Education
  • Alabama
    School Property Bond
    Board of Cosmetology
  • Alaska
    Educational Institution Bond
    ACPE/Alaska commission on postsecondary education
  • Arizona
    Private Postsecondary Education Bond
    Arizona State Board for Postsecondary Education
  • Arizona
    Cosmetology School Bond
    Arizona State Board of Cosmetology
  • California
    Driving School Owner or ATV Safety Training Org Pr
    Department of Motor Vehicles
  • California
    Home Study Traffic School
    Traffic Violator School Monitoring Division - LA
  • California
    Traffic Violator School (TVS) Owner
    Department of Motor Vehicles
  • California
    TRAFFIC VIOLATOR SCHOOL (TVS) OWNER BOND
    Department of Motor Vehicles
  • Colorado
    COLORADO – BOND OF PRIVATE OCCUPATIONAL SCHOOLS
    Division of Private Occupational Schools
  • Colorado
    Third Party Testing-Examiner Bond
    Department of Revenue
  • Colorado
    Out of State Private Occupational School Agent Bon
    Division of Private Occupational School
  • Connecticut
    Driving Schools Bond
    Department of Motor Vehicles
  • Delaware
    Private Business and Trade School Contract
    DE Dept. of Education
  • Florida
    Private Educational Institution Bond
    Florida Dept of Education
  • Florida
    Schools (All) Bond
    Florida Dept of Education
  • Florida
    Traffic School Bond
    Florida Department of Highway Safety and Motor V
  • Florida
    Nonpublic Postsecondary Education Institution Bond
    Florida Department of Education
  • Georgia
    NonPublic Post Secondary Education Institution
    Nonpublic Postsecondary Education Commission
  • Georgia
    Driver Training School
    Georgia Department of Driver Services
  • Georgia
    Driver Improvement Clinic
    Georgia Department of Driver Services
  • Georgia
    DUI, Alcohol Or Drug Use Risk Reduction Program
    Georgia Department of Driver Services
  • Georgia
    Driver Training School
    Georgia Departmemt of Driver Services
  • Hawaii
    Private Trade, Vocational or Technical School Bond
    Dept of Education Community Education Center
  • Hawaii
    Prelicense Real Estate School and Continuing Edcua
    Dept of Commerce and Consumer Affairs
  • Idaho
    Private Trade Schools
    Board of Education
  • Illinois
    Private Business and Vocational School
    IL State Bd of Ed
  • Illinois
    CDL School Bond
    Secretary of State Commercial Driver Training
  • Illinois
    Driver Services
    State of IL Secretary of State Driver Services Dep
  • Illinois
    Private Business & Vocational Schools Blanket Sure
    State Board of Education
  • Illinois
    Schools Bond
    Illinois Board of Higher Education
  • Indiana
    Institutional Surety Bond
    Commission on Proprietary Education
  • Iowa
    Instructional School
    State of Iowa
  • Kansas
    Truck Driving School
    Kansas Board of Regents
  • Kansas
    Private or Out-Of-State Institutions
    Kansas Board of Regents
  • Kansas
    Private School License Bond
    Kansas Board of Regents
  • Kentucky
    Blanket Agent
    State Board for Proprietary Education
  • Kentucky
    School
    Kentucky Proprietary Board Education
  • Louisiana
    Blanket Bond for Solicitors (School)
    State of Louisiana Board of Regents
  • Louisiana
    Proprietary School Certificate of Registration Bon
    State of Louisiana Board of Regents
  • Louisiana
    Privately Owned Driving School Bond
    Office of Motor Vehicles
  • Maryland
    Institution of Postsecondary Education
    MD Higher Education Commission
  • Maryland
    Surety Bond of Information Requestor Driver/Vehicl
    MD Motor Vehicle Administration
  • Maryland
    Schools (All) Bond
    MD Higher Education Commission
  • Maryland
    Driver Education Program
    Motor Vehicle Administration
  • Maryland
    Private Career School
    Maryland Higher Education Commission
  • Maryland
    Private Career School Bond
    Maryland Higher Education Commission
  • Massachusetts
    Driving School Bond
    Massachusetts Registry of Motor Vehicles
  • Massachusetts
    Private Occupational School Bond
    MA Dept of Elementary and Secondary Education
  • Massachusetts
    Board of Registration of Cosmetologists School
    Massachusetts Board of Cosmetology
  • Massachusetts
    Board Of Registration Of Real Estate Brokers and S
    MA Real Estate Board
  • Massachusetts
    Cosmetology School
    State of Massachusetts Board of Cosmetology
  • Michigan
    Driver Education Provider
    Michigan Department of State
  • Michigan
    Office of Postsecondary Services - Proprietary Sch
    Mich Dept Energy, Labor, Economic Growth
  • Michigan
    School of Cosmetology
    State of Michigan-Board of Cosmetology
  • Michigan
    Basic Driver Improvement Course Sponsor Bond
    Michigan Department of State
  • Minnesota
    MINNESOTA DEPARTMENT OF TRANSPORTATION
    Department of Transportation
  • Minnesota
    Private School Bond
    Minnesota Office of Higher Education
  • Minnesota
    Commercial Driver Training School Bond
    MN Driver and Vehicle Services
  • Mississippi
    Commission on Porprietary School and College Regis
    Mississippi Commission on Proprietary School & Col
  • Mississippi
    Commission on Proprietary School and College Regis
    MS COMMISSION ON PROPRIETARY SCHOOL & COLLEGE REG.
  • Missouri
    Proprietary School
    MO Coordinating Board for Higher Education
  • Nebraska
    Private Postsecondary Career School Bond
    Nebraska Department of Education
  • Nebraska
    Approved Training Agency Bond
    Nebraska Department of Health & Human Services
  • Nebraska
    Training Agency Bond
    Department of Health and Human Services
  • Nevada
    Private Postsecondary Educational Institution Lice
    Commission On Postsecondary Ed
  • Nevada
    Private Elementary and Secondary School License/So
    Department of Education
  • Nevada
    Drive School Bond
    Nevada - Occupational and Business Licensing
  • New Hampshire
    Career School Licensing
    New Hampshire Post-Secondary Education Commission
  • New Jersey
    School
    Commissioner, NJ Department of Labor and Workforce
  • New Jersey
    Private School
    Department of Labor
  • New Jersey
    Driving School Bond
    NJ Motor Vehicle Commission
  • New Jersey
    School Bond -Workforce Development
    NJ Department of Labor and Workforce
  • New Jersey
    Tuition Surety
    County of Middlesex - Dept of Workforce Devp
  • New Mexico
    Driver Training School
    DOT - Traffic Safety Bureau
  • New Mexico
    Private Postsecondary Institution Bond
    New Mexico Higher Education Department
  • North Carolina
    Community College License Bond
    State Board of Community College
  • North Carolina
    Commercial Driver Training School and Instructors
    NC Division of Motor Vehicles
  • North Carolina
    Barber School Guaranty Bond
    Board of Barber Examiners
  • North Carolina
    Cosmetic Art Examiners Guaranty
    State Board of Community College
  • North Carolina
    Private School Bond
    North Carolina State Approving Agency
  • Ohio
    Board of Cosmetology
    Ohio State Board of Cosmetology
  • Ohio
    Surety Bond of Driving School
    State of Ohio Driving School Bond
  • Ohio
    Department of Public Safety Driving School
    OH Dept of Public Safety
  • Ohio
    Private Driving Training School Bond
    Ohio Department of Public Safety
  • Oklahoma
    Parent Taught Driver Education Provider Bond
    OK Department of Public Safety
  • Oklahoma
    Private School Bond
    Oklahoma Board of Private Vocational Schools
  • Oregon
    Continuing Education Provider Bond
    Construction Contractors Board
  • Pennsylvania
    PRIVATE LICENSED SCHOOL SURETY
    Commonwealth of PA - Dept of Education
  • Pennsylvania
    Barber Examiners Barber School
    Pennsylvania State Board of Barber Examiners Barbe
  • Pennsylvania
    Private Academic Schools
    Commonwealth of Pennsylvania Dept of Education
  • Pennsylvania
    Real Estate Education Provider Bond
    Commonwealth of PA - Dept of State
  • South Carolina
    Commercial Driver Training School Surety
    Dept of Motor Vehicles Driver Improvement Office
  • South Carolina
    Nonpublic Postsecondary Institution
    Commission on Higher Education
  • South Carolina
    Cosmetology School
    State Board Of Cosmetology
  • Tennessee
    Private School Bond (Cosmetology)
    Tennessee Board of Cosmetology
  • Tennessee
    Postsecondary Educationall Institutions Bond
    Tennessee Higher Education Commission
  • Tennessee
    Postsecondary Educationall Institutions Bond
    Tennessee Higher Education Commission
  • Texas
    Driver Education School
    Texas Education Agency
  • Texas
    Real Estate School
    Texas Real Estate Commission
  • Texas
    Driver Education School Bond
    TEXAS EDUCATION AGENCY
  • Utah
    Post-Secondary Proprietary School
    Utah Division of Consumer Protection
  • Virginia
    Driver Training School
    Department of Motor Vehicles
  • Virginia
    State Council School
    State Council of Higher Education for Virginia
  • Washington
    SURETY BOND - DEGREE-GRANTING INSTITUTIONS
    Washington Higher Education Coordinating Board
  • Washington
    Cosmetology, Barbering, Esthetics, and/or Manicuri
    Washington Department of Licensing
  • West Virginia
    Private Vocational School
    State of West Virginia
  • Wisconsin
    BARBERING & COSMETOLOGY SCHOOL OR SPECIALTY SCHOOL
    State of Wisconsin Department of Regulation and Li
  • Wisconsin
    Driver School
    Wisconsin Dept of Transportation
  • Wisconsin
    Private School
    WI Educational Approval Board

Questions about School Bonds

How much does a private school bond cost?

Each school bond is different, so there is no simple answer to this question. Each type of private school bond has a different total amount, which refers to the maximum coverage it offers. State set their own amounts for each bond. For example, Louisiana requires a $10,000 surety bond, while in Minnesota it can range between $10,000 and $250,000. Bond amounts in some states may be based on factors such as number of locations or total sum of collected tuition fees.

Private schools pay only a percentage of these amounts, known as the “bond premium.” These are not determined by the state, however, but by the surety bonds company which underwrites them. Bonding companies evaluate each application to assess the risk they undertake when signing a bond for that particular private school. Mostly, they look into the personal credit score of the owners, to predict a school’s likelihood of triggering a claim. Factors such as financial strength are also seriously considered, because they show that a private school will be able to pay their claims should they happen.

Applicants with good credit usually pay premiums no higher than 4%. To learn about other factors influencing bond premiums, go to our What Does a Surety Bond Cost? Page.

Can I get a private school bond with bad credit?

The risk for surety underwriters is higher when the applicant has bad credit or no credit history. Depending on the particular situation, some bonding companies may refuse to get bad credit applicants bonded, if they deem the financial risk too high.

Lance Surety Bonds successfully gets 99% of applicants bonded. You may be asked to disclose financial documentation, and you premium will be higher: normally between 5% and 10%. Our agents can help you with building a strong application which surety bonds company will accept and examine more favorably. Read more about our bad credit surety bonds program.

How does the application process work?

To apply for a private school bond, you’ll need to complete our online application. Based on the information you provide, we’ll let you know what else we will need in order to process your bond request.

Approval times rarely take more than 48 hours, so you can receive your bond form in just a few business days.

How are bond claims handled?

Depending on the specific language of your private school bond, you may be liable for a claim. The usual scenario involves not fulfilling contractual obligations towards students, such as closing down prematurely. If that’s the case, and a valid claim is made against you, the surety bonds company is responsible for making good on the claim and compensating the claimant. The maximum compensation that can be awarded to claimants is the total amount of the bond.

However, you will be responsible for compensating the surety in full afterwards as per the indemnity agreement you’re required to sign.

It’s best to stay away from claims because they can be very expensive, and prevent you from renewing your school’s permit.

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What Our Clients Have To Say?




Kimberlee Ables
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Andrew Poincot
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
Margie Martinez
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!

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