MI barber college bonds.
$100 flat.

Michigan conditions a barber college license on a fixed $10,000 bond filed with LARA — ours is $100, the price our carrier sets for this specific bond. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

Required to license a Michigan barber college — new colleges and renewals through LARA
Fixed price, fixed amount — $10,000 bond, $100, no quote process
Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

College and owner details and an effective date. That's the application — no financials, no credit fields, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with LARA

Your executed bond and power of attorney arrive by email, ready to file with your LARA barber college application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A barber college bond is a student-protection guarantee. Students pay tuition up front for a program that runs months — Michigan wants a financial backstop standing behind the contract they signed if the college fails to deliver.

It's a three-party arrangement: you (the principal), the surety carrier, and the people of Michigan (the obligee), with your enrolled students as the protected parties. The statute conditions the bond on the faithful performance and satisfaction of the contractual rights of students — if the college closes mid-program or breaks its enrollment contract, a harmed student can recover against the bond.

The bond must stay active for as long as the college is licensed. Let it lapse and the license can be acted against — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.

MCL 339.1110Michigan Compiled Laws 339.1110 requires a barber college to file and maintain a $10,000 corporate surety or cash bond conditioned on the faithful performance and satisfaction of the contractual rights of students enrolled in the barber college, as a condition of licensure by the Department of Licensing and Regulatory Affairs.

You need this bond if you're

Applying for a MI barber college license — the bond is filed with your application
Renewing your college license and your bond is expiring or your surety non-renewed
Opening a new campus that LARA licenses as a separate barber college
Reinstating a lapsed college license that needs a fresh bond on file

One application, issued instantly.

These are the actual issuing fields — the application collects no credit information, because this bond doesn't need it.

Start the application →
FAQ

Common questions.

How much is the Michigan barber college bond?The premium is $100 flat — the price our carrier sets for this fixed $10,000 bond, the same for every college. The $10,000 is set by statute (MCL 339.1110), so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid student claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many colleges finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check?This application collects no credit information — there's no credit section to fill out. Most fixed-amount license bonds like this clear without one; if a check ever needs to run, it's a soft pull that never affects your score.
When does it renew?The bond must stay active for as long as the college is licensed. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so the license never lapses over a missed email.
Related bonds

Other Michigan bonds.

Finish your LARA college checklist today.

$100, no credit review, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →