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Georgia Nonpublic Postsecondary Educational Institution Bond

Bond Requirements and Online Application

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.

What are the requirements that must be met in order to be authorized to operate as a Nonpublic Postsecondary Educational Institution in 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:

Georgia Nonpublic Postsecondary Educational Institution Bond

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  1. A Georgia Nonpublic Postsecondary Educational Institution Bond
  2. Basic institutional information (Web form)
  3. Minimum Standards Form (GNPEC document requiring completion and upload)
  4. New Program Application for each proposed program (Web form)
  5. Entrance requirements description (Exhibit)
  6. Entrance information provided to students (Exhibit)
  7. Enrollment Agreement/Student Contract (Exhibit)
  8. Educational goals for the institution (Exhibit)
  9. Certificate or diploma example (Exhibit)
  10. Statement of business practices and advertising policies (Exhibit)
  11. Description of facilities and equipment (Exhibit)
  12. Description of placement services (Exhibit)
  13. Current catalog (Exhibit)
  14. Occupancy Permit (Exhibit)
  15. Complaint Procedure (Exhibit)
  16. Refund Policy (Exhibit)
  17. Description of Learning Resource System (Exhibit)
  18. Organizational Chart (Exhibit)
  19. New Agent Permit Application(s) (Web form)
  20. Personnel Data Inventory Form(s) (Web form)
  21. Records Agreement (Attestation)
  22. Director’s Agreement (Attestation)
  23. Financial Statement (GNPEC document requiring completion and upload)
  24. Current Bank Statement
  25. Preliminary Bond Approval Letter (Exhibit)
  26. Tuition information with estimations for the first fiscal year of operation (Web form)
  27. Payment of fees

More information about these application requirements and processes can be found on the GNEPC website.

What is the amount of the Georgia Nonpublic Postsecondary Educational Institution Bond?

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

Where can I get a Georgia Nonpublic Postsecondary Educational Institution Bond?

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 Surety Solutions Insurance Services, Inc. (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.

 

How to Get Your Georgia Nonpublic Postsecondary Educational Institution Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Georgia Nonpublic Postsecondary Educational Institution Bond!   If you have any questions, please call us at 877-654-2327.
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