South Carolina Cosmetology School Bond Guide
If you’re opening a cosmetology school in South Carolina, you’ll need to file a surety bond with the state.
Bond Overview
- Purpose: To protect prepaid tuition funds
- Who Needs It: Cosmetology, nail tech and esthetics school in South Carolina
- Regulating Body: The South Carolina State Board of Cosmetology
- Required Coverage: $10,000
- Premium Rate: Starts at $100, credit-based
Learn all about the bond requirements and process in this guide.
What Is a South Carolina Cosmetology School Bond?
A South Carolina cosmetology school bond protects students and their prepaid tuition funds if a school is unable to fulfill their contracts.
The State Board of Cosmetology requires this bond as part of the license application for all beauty, esthetics and nail tech schools.
How Much Do Cosmetology School Bonds Cost in South Carolina?
The state-required $10,000 cosmetology school bond costs $100 for most applicants. Exact pricing ranges from $100–$1,000 based on personal credit score.
Apply to get your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a South Carolina Cosmetology School Bond Work?
A South Carolina cosmetology school bond creates a legal contract between three parties:
- Principal: The cosmetology school filing the bond
- Obligee: The South Carolina State Board of Cosmetology requiring the bond
- Surety: The provider issuing the bond
As the principal, you are responsible for upholding the bond contract. If you go out of business or fail to fulfill student contracts, tuition-payers can file bond claims to recover prepaid tuition and fees.
Who Needs a Cosmetology School Bond?
Per South Carolina Code Ch. 15 § 35-1, any public or private school of cosmetology, nail technology or esthetics must file a bond to collect tuition in South Carolina.
The bond requirement was implemented to protect students from financial harm and enforce industry regulations.
How Do I Get a Beauty School Bond in South Carolina?
To get your South Carolina beauty school bond, follow these simple steps:
- Apply for a free quote
- Receive your personalized rate
- Sign and buy your bond online
We’ll email your official bond documentation within minutes of purchase. Remember to file this with the Board for licensing approval.
Can I Get Bonded With Bad Credit?
Yes, you can typically still get a beauty school bond with bad credit. However, keep in mind that credit score can impact your rate.
How Do I Renew My Cosmetology School Bond?
This bond requires annual renewal. To renew, you’ll need to pay your premium for the next year and file the continuation certificate with the Board of Cosmetology.
How to Open a Cosmetology School in South Carolina
If you’re starting a beauty school in South Carolina, you’ll need to apply for a license with the Board of Cosmetology at least 60 days prior to the opening date.
Gather the following materials for your application packet:
- $300 new school application fee
- Notarized application form
- Proof of the $10,000 surety bond
- Curriculum information
- Qualifications of all instructors
- Detailed floor plan of the facility
- All supporting documentation
Once you apply, the Board may request a meeting to further discuss your application. They will approve or deny your request at the next board meeting.
