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The Missouri Proprietary School Bond is required by the Coordinating Board for Higher Education for proprietary schools. Proprietary schools, are defined in the Revised Statutes, as any school which offers or maintains on either a profit or not-for-profit basis within the state of Missouri. A course or courses of instruction or study through classroom instruction or correspondence or which grants certificates or earned honorary degrees. The bond states that the bondholder shall conduct said business and each and every obligation of trust and service entered into a faithful and honest manner.

What is the process of getting a Certification for a Proprietary School in Missouri?

There are three steps you need to follow in order to begin process of getting an initial certificate of approval for proprietary schools. First is the application review. Applicants must submit an application in the EDvera system, then pay $200 application fee. When the application has been approved, the next step is to submit a security deposit. You can submit a surety bond as your security deposit. There is no set amount as it is calculated as 10% of the preceding year’s gross tuition income. The minimum amount is $5,000 and the maximum is $100,000. The final requirement is payment of $300 for the certification fee.

How to Get a Missouri Proprietary School Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Missouri Proprietary School Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

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