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Arkansas Private School Bond

Arkansas Private School Bond

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Who Requires the Private School Bond and Why Is It Needed?

A Surety Bond is required by the Arkansas State Board of Private Career Education for those operating private schools in the state. The purpose of the surety bond is to provide indemnification to any student or enrollee who suffers financial loss or damage as a result of code violations or any rule or regulation set forth by the board by the school or its officers, admissions representatives, or employees. The bonded school must perform all agreements with the students, enrollee, parents of the student or enrollee, or guardians of the student or enrollee as represented by the application for licensure and the materials submitted in support of that application. Furthermore, the bonded individual must comply with Arkansas Code Annotated ยง 6-51-601

A Certified Institution Bond is a type of surety bond required by the Arkansas Higher Education Coordinating Board (AHECB) for those offering college-level course/degree programs to Arkansas residents pursuant to Arkansas Code Annotated (ACA) 6-61-301.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Arkansas Private School Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Arkansas surety bonds.

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