complete application to the Office of Higher Education no less than 120
days prior to the date on which you plan to open your school (per Sec.
10a-22k-3 of the Regulations of State Agencies).
Submission of a
financial statement/forecast (see financial requirements).
Submit a $40,000
Irrevocable Letter of Credit which will be held for
12 years from the date of initial approval.
Irrevocable letter of credit must be issued by a bank with its main office
or branch located within the State of Connecticut.
Submission of a
non-refundable $2,000 Application Fee filed with the application of the
A review of the
application by the Office of Higher Education which may require you to provide additional
The Office of
Higher Education will conduct an evaluation visit (per Sec. 10a-22k-4 of the Regulations of
State Agencies), using the evaluation criteria contained in Sec. 10a-22k-5
of the Regulations of State Agencies
visit, the evaluation team chairperson will submit an evaluation report
based on the findings by the evaluation team which will include areas of
improvement. A recommendation of authorization will be
submitted to the Executive Director of the Office of Higher Education once evidence of corrections to any findings
approval is granted, a school is required to renew their authorization
annually for 3 consecutive years (per Sec. 10a-22k-7 of the Regulations of
State Agencies). Following the 4th consecutive year of re-authorization, a school may be eligible for a renewal
of authorization for a period of up to 5 years.
Irrevocable Letter of Credit