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Maryland Private Career School Bond

Maryland Private Career School Bond

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

The State of Maryland Higher Education Commission requires that Private Career Schools maintain surety bonds. The bond is posted as part of the licensing process that allows the entity to offer educational services in the areas of academic, professional, career, technical, or trade training.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Maryland Private Career 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.

What Does the Bond Protect Against?

The bond guarantees that the institution will operate in accordance with contractual commitments made to students and representations made in its recruitment, advertising and career materials. The bond also covers tuition reimbursement in the unfortunate event that the institution is forced to close or cease operations. The bond amount varies and is based on the tuition amouts paid to the school.




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