Private School Bond
What is a Private School Bond?
A Private School Bond is a type of License & Permit bond that ensures that private schools comply with state regulations, maintain financial stability, and fulfill their contractual obligations to students and their families.
Protects students and their families from financial loss due to a private school’s failure to meet its obligations.
Required by state governments for private schools to operate legally and maintain professional standards.
Applicant’s personal or business information, credit history, bond amount, and private school license details.
Based on credit history and bond amount, usually 1-5% of the bond amount.
