Fees/Bonds

Arizona SARA Council Fees

New Fee Structure effective February 2017 reflects a 30% reduction in participation fees. This annual fee is based on an institution’s total full-time equivalent (FTE) student enrollment as shown in the most recent IPEDS 12-Month Enrollment Component Summary (as provided on pg. 3 of the application) and is assessed as follows:

  • $3,500.00/year for institutions with fewer than 10,000 FTE student enrollments
  • $7,000.00/year for institutions with 10,000-19,999 FTE student enrollments
  • $14,000.00/year for institutions with 20,000-39,999 FTE student enrollments
  • $21,000.00/year for institutions with 40,000 or more FTE student enrollments

Institutions requiring a W-9 for payment can access the form here:

Download Arizona SARA W-9 Form

Arizona SARA Council fees may only be paid by check.  Please send your check to:

AZ SARA Council
c/o Lanna Dueck, Executive Director
2323 W. 14th St.
Tempe, AZ 85281
 

Please make checks payable to: Maricopa County Community College District - Rio Salado College c/o Arizona SARA Council. Please note that checks that are not properly made out may not be accepted for payment.

AZ SARA Council Bond Requirement

 A requirement of the application is that non-public (private postsecondary) institutions post a bond:

  1. Based on the most recent IPEDs reported time frame, the bond will be in the amount of 10% of Gross ONLINE Tuition Revenue for students in SARA states ONLY.  The minimum amount of the bond will be $50,000; the maximum amount is $500,000.
  2. The institution must use the prescribed Surety Bond form as provided by the AZ-SARA Council;
  3. The Surety Company must have a BEST rating of A or higher;
  4. The bond must remain continuously in effect as an approved AZ-SARA institution.

Download Arizona SARA Surety Bond Form

NC SARA Fees

This annual fee is based on an institution’s total full-time equivalent (FTE) enrollment as shown in the Integrated Postsecondary Education Data System (IPEDS) and is assessed as follows:

  • $2,000/year for institutions with fewer than 2,500 FTE students
  • $4,000/year for institutions between 2,500-9,999 FTE students
  • $6,000/year for institutions with 10,000 or more FTE students

 Visit the NC-SARA site for more information on NC-SARA fees and payment details.