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Arizona
State Authorization Reciprocity Agreement (SARA) Council Bond

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Coverage Amount: $50,000 - $500,000
Term Length: 1 year
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Arizona SARA Council Bond Guide

If you’re applying to become a SARA Council member in Arizona, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To ensure compliance with SARA Council rules as well as state laws
  • Who Needs It: Schools offering distance education across state borders thru SARA reciprocity 
  • Regulating Body: The Arizona SARA Council
  • Required Coverage: 10% of gross tuition online revenue ($50k minimum)
  • Premium Rate: 1–10%, credit-based

Learn all about the bond requirements and process in this guide.

What Is an Arizona SARA Council Bond?

The State Authorization Reciprocity Agreement is an agreement between institutions, states and higher education regional compacts to provide interstate distance education. Member schools receive state authorization reciprocity. 

An Arizona SARA Council bond ensures that educational institutions participating follow both the local and national Council rules.

Which Coverage Amount Do I Need?

Your surety bond must cover 10% of total gross online tuition collected from SARA students, with a $50,000 minimum and $500,000 maximum. 

The Council will use Integrated Postsecondary Data System data to determine this number using the most recent reportable timeframe.

How Much Do SARA Council Bonds Cost?

Arizona State Authorization Reciprocity Agreement Council bonds cost a small percentage of the required coverage amount, typically 1–10%.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$50,000-$500,000State Authorization Reciprocity Agreement (SARA) Council Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get an Arizona SARA Council bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll mail you the bond via your preferred shipping method. Be sure to file it as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does an Arizona SARA Council Bond Work? 

A SARA Council bond creates a legal contract between these three parties: 

  1. Principal: You, the school owner(s) filing the bond
  2. Obligee: The Arizona SARA Council requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of Arizona Revised Statutes § 15-1747, 15-444, 15-1626, 15-1747, and 32-2003. . 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your Arizona SARA Council bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

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