Bond cost index
Student Loan Servicer Bond Cost
Student loan servicer bonds are the surety bonds a growing number of states require of companies licensed to service student loans. The bond guarantees the servicer will follow the state's student loan servicing law and handle borrower accounts properly.
How much does a student loan servicer bond cost?
Bond amount is set by each state's regulator. Premium runs 1 to 3 percent of the bond amount for well-qualified servicers. Term is usually one to three years. Premium for a student loan servicer runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials.
Data as of 2026-06-17. Methodology v1.
Bond amount is set by each state's regulator. Premium runs 1 to 3 percent of the bond amount for well-qualified servicers. Term is usually one to three years.
The bond amount for this bond is set by the obligee on a case-by-case basis rather than by a statewide statute, so there is no per-state table. These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.