Louisiana defines proprietary schools as:
The state’s Board of Regents is the government agency entrusted with the licensing and regulating of proprietary schools.
Whatever the structure of your business (LLC, partnership, corporation, etc.), you are also required to furnish a $10,000 surety bond.
Obtaining the surety bond takes about 5 minutes with our agency.
You are already approved for the $10,000 Louisiana proprietary school bond.
Qualifying is by the completion of a surety bond application, which can be taken over the phone with an agent, and payment of the $100 premium.
Thereafter, the bond is issued to you immediately. At your request, a copy of the surety bond can be sent to you by email. The original surety bond, which you will need to sign as Principal, will follow in the mail by the following business day.
Note that there is no underwriter review nor credit inquiry for the proprietary school surety bond.
The $100 premium gives you this surety bond for a one year term. Because of the bond’s low price, you may wish to consider prepaying the bond for 2 or 3 years. Besides increasing the time between your bond renewal, prepayment also gives you a savings over year to year renewal of the bond premium.
The premium payment options (and savings) are as follows:
The surety bond is a financial guarantee for your students. They are protected against:
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Louisiana.
Our agency also provides surety bonds nationwide.
Please call us today at:
Or, you may fill out the form below and an agent will contact you...