Cosmetology school bonds are required in many states if a person or business wants to operate a school that offers training in the cosmetology field. A bond must be acquired and kept active for as long as the school is in operation. You might be wondering why cosmetology school bonds are necessary. They’re actually designed to financially protect the students that attend these schools. Having these bonds in place ensures that a student either receives the tuition they paid for or financial compensation should the school fail to provide the agreed upon education. Let’s take a look at some of the key facts about cosmetology bonds:
