Alaska Educational Institution Bond Guide
If you are applying to open a postsecondary school in Alaska, you'll need a surety bond.
Bond Overview
- Purpose: To ensure postsecondary educational institutions follow state rules and regulations
- Who Needs It: All postsecondary schools applying for initial authorization to operate in Alaska
- Regulating Body: The Alaska Commission on Postsecondary Education
- Required Coverage: $5,000 to $100,000, based on expected tuition revenue
- Premium Rate: Credit-based, typically 0.75–5% of the bond amount