Fees/Bonds

Arizona SARA Council Fees

The AZ SARA Council fee is an annual fee and 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.  If you are attending the Council meeting in person, please bring your check with you to the meeting. If you are attending via conference call, please mail your check with tracking to the below address. Always make a copy of your check and submit the copy with your application electronically. 

Rio Salado College
Cashier's Office
c/o AZ SARA Council
Lanna Dueck, Executive Director
2323 W. 14th St.
Tempe, AZ 85281
 

Tracked Mail: Please only mail checks with tracking and forward the the tracking number/documentation to ldueck.azsara@riosalado.edu

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 OR Assignment of Account Requirement

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

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

Download Arizona SARA Surety Bond Form 

Download Arizona SARA Assignment of Account 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.