MN career school records bonds.
From $100.
Minnesota can require a licensed private career school to file a student records-retention bond with the Office of Higher Education, so academic records are preserved if the school closes. This is the version where the school corporation is the bonded principal. The amount runs up to $20,000 — priced at 1% of the bond amount, $100 minimum, and the application collects no credit information.
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Apply to filed in one sitting.
No underwriting queue for the standard records bond — enter your amount, pay, and file with the OHE. Here is the whole thing:
Apply online
Your school details, the bond amount the OHE required, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, so most bonds generate as soon as you pay. Larger amounts may get a quick review.
File with the OHE
Submit the executed bond to the Office of Higher Education with your private career school registration. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the records bond actually covers
Minnesota licenses private career schools through the Office of Higher Education (OHE) under Minn. Stat. Chapter 136A. Separate from the performance bond that protects student tuition, Minn. Stat. 136A.822, subd. 12 provides for a student records-retention bond — required when a school does not have a binding agreement in place to preserve its records.
The records bond runs to the state of Minnesota and funds the work of retrieving, recovering, maintaining, digitizing, and ultimately destroying academic records if the school closes. Minnesota requires academic records to be preserved long after a student attends, so the state needs a funded way to take custody of them on a closure.
The statute sets the amount at not to exceed $20,000, with the exact figure set by the OHE. This is the corporate-principal version — the school entity is the named principal. Enter the amount on your notice and we issue the bond starting from $100 — the application collects no credit information.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount the OHE set (up to $20,000) — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Minnesota bonds.
Records bond, issued today.
Premiums from $100. Enter the amount the OHE set and file the same day.