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Ohio Cosmetology and Barber School Bond
Ohio cosmetology and barber schools or colleges that offer a postsecondary education to paying students are required to be licensed through the Ohio State Cosmetology and Barber Board and acquire a $10,000 Cosmetology and Barber School Bond.
The surety bond, provided by Jet Insurance Company, acts as a financial guarantee for damaged students, and their parent(s) or guardian(s), who have faced losses of prepaid tuition due to the cancellation of a class, program, or the permanent closure of the institution.
If you are applying for your cosmetology or barber school license for the first time or are simply wanting to renew, Jet can help you acquire the necessary surety bond quickly and at an affordable price!
What Is the Lowest Price for the Ohio Cosmetology and Barber School Bond?
At Jet, rates for the Cosmetology and Barber School Bond start at $100 annually or as low as $10 monthly. Our prices are based on a small percentage of the $10,000 bond limit and the personal credit score of the school owner. Please refer to Jet’s pricing chart below to view our preferred tier rates for monthly, annual, and multi-year bond terms.
| Bond Term | Cost |
|---|---|
| Monthly | $10 |
| 1 Year | $100 |
| 2 Years | $175 |
| 3 Years | $250 |
Our monthly payment option is a great choice for both cosmetology and barber schools that are looking to maintain their license with the Ohio State Cosmetology and Barber Board for the long haul. Simply set up a preferred account for monthly payments and your bond will remain active for as long as you want!
Why Is the Cosmetology and Barber School Bond Required by the Ohio State Cosmetology and Barber Board?
The Ohio State Cosmetology and Barber Board was created to manage the licensing and the regulation of Ohio cosmetology and barber businesses and ensure the protection of the public from violations of beauty-related businesses and schools. The Board’s enforcement of regulations extends to schools and colleges that provide cosmetology and barber schooling to the paying public.
Licensing and the acquisition of the $10,000 Cosmetology and Barber School Bond are required of cosmetology and barber schools to act as an assurance to the Board that education standards will be followed. The license bond also provides a guarantee that students will receive restitution for losses of prepaid tuition and fees even in cases of the school being unable or unwilling to refund such students.
How to Apply for the Cosmetology and Barber School Bond With Jet
Jet’s application for the Ohio Cosmetology and Barber School License Bond is quick and simple! Our online bond application will ask for your general contact information as well as your social security number for a soft credit check. Approved rates will be immediately available for monthly, annual, and multi-year bond term options. Simply fulfill payment and you will receive a copy of the bond and your receipt right away via email.
How Is the Cosmetology and Barber School Bond Filed With the Ohio Board?
The Ohio Cosmetology and Barber Board allows for a signed copy of your Cosmetology and Barber School Bond to be filed digitally through the Ohio Elicense Portal along with your license application. You may physically mail it to the Board’s office as well.
Once you have completed your bond purchase with Jet, a copy will be sent to you via email so you can file your bond right away. If you would prefer to send in a hard copy of your bond, the Board’s mailing address can be found listed below:
Ohio State Cosmetology and Barber Board
1929 Gateway Circle
Grove City, OH 43123
For cosmetology and barber schools applying for a first-time license with the Board, your license application and surety bond must be submitted forty-five days prior to the planned opening date of your school.
Can I Cancel My Ohio Cosmetology and Barber School License Bond? Are Refunds Available?
You can cancel your Cosmetology and Barber School Bond with Jet at any time! Just send us a cancellation request to [email protected] and we will begin the process. A notice of your bond’s termination will then be sent to the Ohio Cosmetology and Barber Board. Once received and accepted by the Board, liability of the bond will be released within 60 days.
As for refunds, Jet will review the time left on your bond and will reimburse any available premium to you once the liability period has officially ended. Monthly payment bondholders will continue to be charged for the required 60 days; payments will immediately cease once the official cancellation date has been met.
How to Renew the Cosmetology and Barber School Bond With Jet
The Cosmetology and Barber School Bond is continuous and must be renewed upon the bond term’s expiration date in order to maintain an active license with the Ohio Cosmetology and Barber Board.
Paying monthly? You won’t have to worry about renewals as your payments will continue to come out of your preferred account until cancellation is requested.
For those who choose an annual or multi-year bond term, Jet will send you an invoice prior to your bond term’s expiration date. Just fulfill payment and we will take care of the rest for you!
How Does an Ohio Cosmetology or Barber School Avoid Bond Claims?
Ohio cosmetology and barber institutions that provide post-secondary education to paying students must follow an extensive amount of licensing regulations and State legislation? this includes the Ohio Administrative Code Chapter 4713-3: Schools, as well as Chapter 4713: Cosmetologists and Chapter 4709: Barbers of the Ohio Revised Code. Failure to do so may result in large fines, license suspensions or revocation, school closure, and/or civil action that can lead to a claim on the school’s Cosmetology and Barber School Bond.
Cosmetology and barber schools must issue students a refund of prepaid tuition or fees within 45 days of the cancellation of a course or program, a student’s withdrawal from a class or the school entirely, or the closure of the school. If the school fails to do this, the student and their parent(s) or guardian(s) may file an official complaint with the Ohio Cosmetology and Barber Board.
All complaints will be reviewed and investigated by the Board. If the complaint is found to be valid, the Board can inflict their own penalties onto the school and may recommend the student to take civil action against the school as the Board cannot file a bond claim on behalf of a student. If civil action is taken by the student and the judge rules in their favor, the school’s Cosmetology and Barber School Bond will be used to reimburse the student for all unearned tuition and school fee losses.
What Happens if I Get an Ohio Cosmetology and Barber School License Bond Claim?
If you receive a court-ordered claim notice, immediately contact Jet with all available information and documentation as we will need it for our own investigation. Once notified, the Jet team will begin by briefing you on how our claim process works and proceed with a review and examination of all provided information.
Justified Cosmetology and Barber School Bond claims will be paid out by Jet, up to the $10,000 bond limit. Any payout from the bond is considered to be an extension of your own credit, meaning you are responsible for reimbursing Jet for the claim paid out on your behalf. Failure to do so will result in future difficulties securing surety bonds, specifically the Cosmetology and Barber School Bond which is required for licensing of all cosmetology and barber schools or colleges in Ohio.