Arizona Nursing School Bond Guide
If you’re opening a nursing school in Arizona, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect students if the school fails to meet state requirements
- Who Needs It: All institutions offering a nursing assistant educational program
- Regulating Body: The Arizona State Board of Nursing
- Required Coverage: $15,000–$50,000 based on tuition volume
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is an Arizona Nursing School Bond?
An Arizona nursing school bond creates a financial guarantee for prepaid tuition funds. This type of surety bond protects students from loss if a school fails to provide adequate instruction or programs.
How Much Do Nursing School Bonds Cost in Arizona?
Arizona nursing school bonds cost a small percentage of the bond amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Nursing School Bond?
The Arizona State Board of Nursing requires all institutions offering a nursing assistant program to file a surety bond.
The bond must be in an amount of at least $15,000 and maintained for 24 months following the closing of a program.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get an Arizona nursing school bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Board of Nursing as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does an Arizona Nursing School Bond Work?
As with all surety bonds, a nursing school bond creates a legal contract between three parties:
- Principal: You, the nursing school owner(s) filing the bond
- Obligee: The Arizona State Board of Nursing requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for refunding tuition funds if the school goes out of business.
How Do I Renew My Bond?
These bonds expire annually. To renew your nursing school bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
