The Georgia Nonpublic Postsecondary Educational Institution Bond is required by the State of Georgia, Nonpublic Secondary Education Commission. The bond states that you agree to follow the Nonpublic Postsecondary Educational Act of 1990.
According to the state of Georgia, the term “nonpublic” means a private secondary educational institution not established, operated or governed by the state of Georgia. It can also refer to any public or private postsecondary educational institution legally operating in another state or nation that conducts postsecondary activities in Georgia or offers postsecondary instruction leading to a postsecondary degree or certificate granted to Georgia students from a location outside Georgia.
The Institutional Proposal for GNPEC Authorization must be submitted to the Deputy Director. If approved after an initial interview, applicants will be given access to Edvera, which is the online portal. The following must be prepared for the application process:
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More information about these application requirements and processes can be found on the GNEPC website.
The amount of your surety bond will be based on the tuition and fees (after refunds) received by the institution:
Total Tuition and Fees After Refunds | Minimum Bond Amount | |||||
$0-$50,000 | $20,000 | |||||
$50,001 – $100,000 | $30,000 | |||||
$100,001- $200,000 | $50,000 | |||||
$200,001 – $300,000 | $75,000 | |||||
$300,001 – $400,000 | $100,000 | |||||
$400,001 – $500,000 | $150,000 | |||||
$500,001 and over | $200,000 |
In order to obtain this bond, simply fill out our free online application! One of our licensed agents will contact you within one business day with a quote for the price to obtain your bond (the “premium”). If you choose to move forward after receiving your quote, we will have you sign any necessary paperwork and remit the premium payment, at which time we will ship your completed surety bond to you via USPS Priority Mail (with overnight shipping options also available).
Why choose Surety1?
At Surety1, our agents work with over a dozen “A” rated surety markets to ensure we are finding you the lowest price for your bond. We’ve been issuing surety bonds since 2003 and our quality, reliable service has led us to an A+ rating by the Better Business Bureau! Licensed in all 50 states.