MT postsecondary institution bonds.
Enter your amount. Quote on review.
The student-protection bond a postsecondary school files with the Montana Board of Regents (Office of the Commissioner of Higher Education) as a condition of state authorization. The common amount is $10,000. The application collects no credit information — enter the amount your authorization requires and we return your premium after a short review.
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The application collects no credit information — enter your amount, get your quote, and file with the Commissioner’s office. Here is the whole thing:
Apply online
Your institution’s details, the bond amount your authorization required, and the effective date — that is the entire application. No credit section to fill out.
Quoted and issued
We price the premium against the amount you entered and issue the executed bond once you accept the quote and pay. Most institutions clear this quickly.
File with the Office of the Commissioner of Higher Education
Submit the executed bond with your Board of Regents authorization application. Wet-ink originals mailed whenever the office insists on them.
What it is and who needs it.
What the postsecondary bond actually covers
Any institution offering postsecondary degree programs in Montana must obtain prior authorization from the Board of Regents of Higher Education, administered by the Office of the Commissioner of Higher Education under Board of Regents Policy 221. The bond is a student-protection guarantee filed as part of that authorization.
The bond is generally required of schools that lack a federal financial-responsibility composite score of 1.0 or greater — the U.S. Department of Education measure of an institution’s financial health. A school that clears that threshold may not need to post a bond; the Commissioner’s office tells you whether yours does, and at what amount.
The standard figure on the Board of Regents form is $10,000, payable to the State for the benefit of students — it backs tuition and fees if the school fails to deliver the education it was authorized to provide. Enter the amount your authorization names; the application collects no credit information, and we return your premium after a short review.
You need this bond if you are
One application, quoted on review.
Submit the application with the bond amount your authorization required — no credit information to fill in — and we return your premium after a short review, ready to file with the Commissioner’s office.
Start the application →Common questions.
Other Montana bonds.
Postsecondary bond, quoted fast.
One short application. Enter the amount your authorization required and get your quote.