Kentucky School Surety Bond

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Bond Penalty: $20,000

The Kentucky School Surety Bond is a mandatory licensing requirement for proprietary schools operating in the Commonwealth of Kentucky. Required by the Kentucky Commission on Proprietary Education (KCPE) under KRS 165A.360 and 791 KAR 1:150, this bond protects students and the Commission against financial harm due to school closures, fraud, or failure to maintain student records.

Who Needs a Kentucky School Surety Bond?

Any proprietary school applying for or renewing its license to operate in Kentucky must post a surety bond. This includes:

  • Career training institutes (CEU and CLE providers included)
  • Trade and technical schools
  • Postsecondary education providers
  • Out-of-state institutions operating Kentucky campuses

The Kentucky School Surety Bond must be issued in a minimum amount of $20,000. The obligee for this bond is the Kentucky Commission on Proprietary Education, located at 500 Mero Street, 4th Floor, Frankfort, KY 40601, and accessible online at kcpe.ky.gov. The bond is mandated under the legal authority of KRS § 165A.360 and 791 KAR 1:150. The surety bond must be conditioned to ensure compliance with statutory requirements, specifically: (1) reimbursement of student tuition in the event the school ceases operations; (2) protection against fraud or misrepresentation in the enrollment process; and (3) coverage of administrative costs associated with the acquisition, filing, and maintenance of student records. Correspondence is directed as follows:

Kentucky Commission on Proprietary Education
500 Mero Street, 4th Floor
Frankfort, KY 40601

Kentucky surety bond leader, Surety One, Inc. is available for same-day underwriting of your Kentucky post-secondary education institution surety bond request. Our special programs allow us to offer you bonding regardless of your credit and financial condition. Do you operate in multiple states or offer other degree programs? No problem! We offer surety bonds in all states. Call (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for a live chat with an underwriter with regards to the Kentucky school surety bond or any surety or fidelity bond need.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

What We Need From You

Obligee's Bond Form