The Georgia Postsecondary School Bond is required by the Georgia Nonpublic Postsecondary Education Commission. The bond states that the bondholder shall pay all damages or expenses resulting from any violation to any student, enrollee, parent, guardian or class who have suffered loss or damage.
What is the bond amount?
The Georgia Postsecondary School Bond amount is based on the gross tuition during the previous year or the estimated gross tuition for the current year.
|Total Tuition and Fees after refunds
|$50,001 – $100,000
|$200,001 – $300,000
|$300,001 – $400,000
|$400,001 – $500,000
|$500,001 and over
Who needs the Georgia Postsecondary School Bond?
The Georgia Postsecondary School bond is required for all institutions that require authorization by the Postsecondary Education Commission. If your institution provides post-high school education or instruction and not part of either the University System of Georgia or the Technical College System of Georgia, then you need the bond before you can operate.
What are other application requirements?
- Basic institutional information
- Minimum Standards Form
- New Program Application for each proposed program
- Entrance requirements description
- Entrance information provided to students
- Enrollment Agreement/Student Contract
- Educational goals for the institution
- Certificate or diploma example
- Statement of business practices and advertising policies
- Description of facilities and equipment
- Description of placement services
- Current catalog
- Occupancy Permit
- Complaint Procedure
- Refund Policy
- Director’s Agreement
- Financial Statement
How do I obtain a Georgia Postsecondary School Bond?
At Surety1, we make things easy for you. Start the process by completing our easy-to-navigate, free online application form. After that, one of our surety agents will contact you with a no-obligation quote for the bond premium. Once you decide to move forward with us, you just need to pay the bond premium and choose your shipping options. You may choose to have your Georgia Postsecondary School Bond mailed through USPS Priority Mail or overnight delivery.
Surety1 has been providing surety bonds since 2003 and is licensed in all 50 states. The company maintains an A+ rating from the Better Business Bureau and represents over a dozen A rated surety companies