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.
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 | Minimum Bond |
$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 |
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.
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