Mississippi Barber and Cosmetology School Bond Guide
If you’re opening a cosmetology or barbering school in Mississippi, you’ll need this surety bond.
Bond Overview
- Purpose: To guarantee beauty schools follow licensing rules and protect tuition-payers
- Who Needs It: Cosmetology and beauty school owners
- Regulating Body: The State Board of Cosmetology and Barbering
- Required Coverage: $50,000
- Premium Rate: $500–$5,000, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Mississippi Barber and Cosmetology School Bond?
A Mississippi barber and cosmetology school bond guarantees that schools fulfill their regulatory obligations and protect prepaid tuition funds if a school goes out of business.
The Mississippi State Board of Cosmetology and Barbering requires this bond as part of the licensing process for barber and cosmetology school owners in the state.
How Much Do Barber and Cosmetology School Bonds Cost in Mississippi?
$50,000 Mississippi beauty school bonds typically cost $500–$1,500. 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.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Mississippi barber and cosmetology 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 email you the bond shortly after purchase. Be sure to file the bond with the Mississippi State Board of Cosmetology and Barbering as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Mississippi Beauty School Bond Work?
As with all surety bonds, a beauty school bond creates a legal contract between three parties:
- Principal: You, the school owner(s) filing the bond
- Obligee: The State Board of Cosmetology and Barbering requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Mississippi Code §73-7-16.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your barber and cosmetology school bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
