State of Louisiana (Board of Regents) - Surety Bond For A Solicitor's Permit (Proprietary School)
Representative for Private School
Overview
What it is.
Representative for Private School
Who usually needs it
Solicitors (recruiters or agents) who recruit prospective students in Louisiana for enrollment in approved proprietary schools, including vocational schools, career colleges, trade schools, and postsecondary degree-granting institutions, must obtain this bond as part of their Solicitor's Permit application under Louisiana R.S. 17:3140.13. The bond protects …
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateLABond amount$1,000ObligeeState of LouisianaBond classLicense BondCategoryOtherBondState of Louisiana (Board of Regents) - Surety Bond For A Solicitor's Permit (Proprietary School)Plain descriptionRepresentative for Private SchoolWho needs this bondSolicitors (recruiters or agents) who recruit prospective students in Louisiana for enrollment in approved proprietary schools, including vocational schools, career colleges, trade schools, and postsecondary degree-gran…
