Student Loans for College

Looking for money for college? Our student loans have got you covered.

If you’ve explored federal aid and other ways to pay for school, and you’re still falling short, a SunTrust private student loan can help fill the gap. Available to undergrads and graduate students, SunTrust college loans provide money for tuition, housing and other school expenses — along with benefits you won’t find everywhere: 

  • Competitive rates1 — Choose between a variable or fixed rate:
    • Variable rates: % al % Tasa porcentual anual (APR)
    • Fixed rates: % al % Tasa porcentual anual (APR)
    • (The specific APR offered is based on credit history, loan options and application information.) 
  • No fees to apply — There are no application, origination or prepayment fees.
  • In-school deferment — Have the option to defer2, or put on hold, payments while in school.
  • Special rewards — Lower your interest rate by enrolling in automatic loan payments (auto pay3) and earn a Graduation Reward4: a 1% reduction of the principal.

What is a private student loan for college?

A private student loan is a student loan issued by a private lender like a bank, rather than the federal government. And while it may sound like it’s for private schools, a private student loan can be used to pay for costs at an approved public or private college or university.

custom choice
For: Undergraduate and Graduate students

A loan that can be used for a wide range of degrees and majors.

 

  • Loan amount: $1,001 - $65,0005
  • Variable APR range1:
    % - % Tasa porcentual anual (APR)
  • Fixed APR Range1:
    % - % Tasa porcentual anual (APR)
  • May require a cosigner, such as a parent
custom choice
For: Undergraduate and Graduate students

Can be used for a wide range of degrees/majors & also open to international students.6

 

  • Loan amount: $1,001 - $65,0005
  • Variable APR range1:
    % - % Tasa porcentual anual (APR)
  • Fixed APR Range1:
    % - % Tasa porcentual anual (APR)
  • May require a cosigner, such as a parent6
custom choice
For: Graduate business students

Available to students seeking an MBA or other advanced business degree.

 

  • Loan amount: $1,001 - $95,0005
  • Variable APR range1:
    % - % Tasa porcentual anual (APR)
  • Fixed APR Range1:
    % - % Tasa porcentual anual (APR)
  • May require a cosigner, such as a parent

Are you still in the planning stage? Would you like to learn more about how to plan and pay for college? This is where to start.

See the 2017-18 Winners. The 2018-19 SunTrust Off to College Sweepstakes will begin again in mid-September 2018.

Información importante sobre estos productos

Before applying for a private student loan, SunTrust recommends comparing all financial aid alternatives including grants, scholarships, and both federal and private student loans. View and compare the available features of SunTrust private student loans.

Union Federal is a federally registered trademark of Cognition Financial Corporation used by SunTrust Bank under license. The Union Federal Private Student Loan is funded by SunTrust Bank and is not offered in connection with any other lender or the federal government. Cognition Financial Corporation is not an affiliate of SunTrust Bank.

Es posible que se apliquen ciertas restricciones y limitaciones. SunTrust Bank se reserva el derecho a cambiar o interrumpir estos programas sin previo aviso. These loan programs are subject to approval under the SunTrust credit policy and other criteria and may not be available in certain jurisdictions.

1

Interest rates and APRs (Annual Percentage Rates) depend upon (1) the student’s and cosigner’s (if applicable) credit histories, (2) the repayment option and repayment term selected, (3) the requested loan amount and (4) other information provided on the online loan application. If approved, applicants will be notified of the rate applicable to your loan. Rates and terms are effective for applications received after The variable interest rate for each calendar month is calculated by adding the current One-month LIBOR index to your margin. The One-month LIBOR index is captured on the 25th day of the immediately preceding calendar month (or if the 25th is not a business day, the next business day thereafter), and is rounded up to the nearest 1/8th of one percent. The current One‐month LIBOR index is % on . LIBOR stands for London Interbank Offered Rate. The One‐month LIBOR is published in the "Money Rates" section of the Wall Street Journal (Eastern Edition). The variable interest rate will increase or decrease if the One‐month LIBOR index changes. The fixed rate assigned to a loan will never change except as required by law or if you request and qualify for the ACH reduction benefit(s).

2

Principal and interest payments may be deferred while the student is enrolled at least half‐time at an approved school and during the six month grace period after graduation or dropping below half‐time status, but the total initial deferment period, including the grace period, may not exceed 66 months from the first disbursement date. Any accrued and unpaid interest will be capitalized (added to the unpaid principal loan balance) when repayment of principal and interest begins. No hay penalización por pago anticipado.

3

“Auto pay” refers to making automatic payments of principal and interest from a bank account. Earn a 0.25% interest rate reduction when you auto pay from any bank account and an extra 0.25% interest rate reduction when you auto pay from a SunTrust Bank checking, savings or money market account. Interest rate reduction(s) will continue until (1) automatic deduction of payments is stopped (including during any deferment or forbearance), (2) three automatic deductions are returned for insufficient funds during the life of the loan, or, (3) if you are making automatic payments from a SunTrust Bank account, you close that account. The 0.25% interest rate reduction when you auto pay from a SunTrust Bank account will be applied after the first automatic payment is successfully deducted from a SunTrust Bank checking, savings or money market account and will be removed for the reasons stated above. In the event the benefit(s) is removed, the loan will accrue interest at the rate stated in your Credit Agreement. This benefit is not available during any time when your principal payments are deferred or when your loan is in forbearance, even if you are making payments.

4

The 1% principal reduction is based on the total dollar amount of all disbursements made, excluding any amounts that are reduced, cancelled, or returned. To receive the reward, the benefit must be requested from the servicer, the student borrower must have earned a bachelor’s degree or higher and proof of such graduation (e.g. copy of diploma, final transcript, or letter on school letterhead) must be provided to the servicer. This reward is available once during the life of the loan, regardless of whether the student receives more than one degree.

5

The minimum loan amount is $1,001 with exceptions based on the student’s state of permanent residence, as follows: Alaska: $5,001, Colorado: $3,001, New Mexico: $2,501, Oklahoma: $5,001, Rhode Island: $5,001, South Carolina: $3,601. The maximum annual loan limit to cover in-school expenses for each academic year (July 1 to June 30 of the applicable year) is determined by your school’s cost of attendance, minus other financial aid such as federal student loans, scholarships or grants, up to $65,000 for the Custom Choice Loan and Union Federal Private Student Loan or up to $95,000 for the Graduate Business Loan. The loan amount must be certified by the school. The annual loan amount maximums are subject to an aggregate maximum student loan debt limit (which includes all student loans and certain unsecured consumer debt and is calculated per applicant separately including students and cosigners) of $150,000 for Custom Choice Loan and Union Federal Private Student Loan or up to $175,000 for the Graduate Business Loan. If you choose the In-School Refinance Option, the maximum amount that you can refinance is $150,000 minus the amount that you are applying for to cover in-school expenses.

6

International students can apply for the Union Federal Private Student Loan with an eligible cosigner who is a U.S. citizen or permanent resident alien.

Centro de recursos para préstamos

  • Contacto

  • Giros

      For more details about Wire Transfers with SunTrust, call 800.947.3786.

       

      Instrucciones de SunTrust para giros entrantes:

      • Para giros entrantes nacionales use el número de ruta ABA: 061000104
      • Para giros entrantes internacionales use el SWIFT/BIC: SNTRUS3A
      • Número de cuenta del beneficiario: número de cuenta completo de SunTrust
      • Nombre del beneficiario: el nombre tal como aparece en la cuenta de SunTrust

      SunTrust incoming wire instructions are also available by calling 800.947.3786 - option 1

Productos de inversiones y seguros:

No están asegurados por el gobierno No están garantizados por el banco Pueden perder valor

© 2018 SunTrust Banks, Inc

logo de equal housingSunTrust Bank es un prestamista hipotecario equitativo. Miembro de FDIC

logo de equal housingPrestamista Hipotecario Equitativo. SunTrust Mortgage, Inc.

SunTrust, SunTrust Mortgage, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan y SunTrust SummitView son marcas de servicios registradas a nivel federal de SunTrust Banks, Inc. Las otras marcas registradas pertenecen a sus respectivos propietarios.

Servicios brindados por las siguientes empresas afiliadas de SunTrust Banks, Inc.: Los servicios y productos bancarios los suministra SunTrust Bank, Miembro de FDIC. Los servicios de administración de inversiones y fideicomiso son prestados por SunTrust Bank, SunTrust Delaware Trust Company y SunTrust Banks Trust Company (Cayman) Limited. Los títulos valores, las cuentas de corretaje y los seguros (incluyendo anualidades) son ofrecidos a través de SunTrust Investment Services, Inc., agente-corredor registrado en SEC y miembro de la FINRA, de la SIPC y una agencia aseguradora autorizada. Los servicios de asesoría de inversión son ofrecidos por SunTrust Advisory Services, Inc., un asesor registrado en la SEC. GFO Advisory Services, LLC es un asesor en inversiones registrado en la SEC que ofrece sus servicios a un grupo de fondos de inversión privados y otros servicios de asesoría no relacionados con inversiones a afiliadas. Los productos y servicios hipotecarios son prestados por SunTrust Mortgage, Inc.

SunTrust Mortgage, Inc. - NMLS #2915, 901 Semmes Avenue, Richmond, VA 23224, 1-800-634-7928. CA: con licencia otorgada por el Departamento de Supervisión Comercial bajo la Ley de Préstamos Hipotecarios Residenciales de California, IL: licencia para hipotecas residenciales de Illinois #MB-989, Departamento de Regulación Financiera y Profesional, 100 W. Randolph, Suite 900, Chicago, IL 60601, 1-888-473-4858, MA: licencia de prestamista hipotecario #-ML-2915, NJ: licencia de banquero hipotecario - Departamento de Banca y Seguros de Nueva Jersey, NY: licencia de prestamista hipotecario - Departamento de Servicios Financieros del Estado de Nueva York, y RI: prestamista con licencia en Rhode Island.

Los "Asesores de SunTrust" pueden ser funcionarios y/o personas asociadas de las siguientes empresas afiliadas de SunTrust Banks, Inc.: SunTrust Bank, nuestro banco comercial, que presta servicios de operaciones bancarias, fideicomiso y administración de activos; SunTrust Investment Services, Inc., agente-corredor registrado, que es miembro de FINRA y SIPC, y la agencia aseguradora autorizada, que ofrece valores, anualidades y productos de seguro de vida; SunTrust Advisory Services, Inc., asesor de inversiones registrado en SEC, que ofrece servicios de asesoramiento de inversiones.

SunTrust Private Wealth Management (Manejo de Bienes Privados de SunTrust), International Wealth Management (Manejo de Bienes Internacionales), Business Owner Specialty Group (Grupo Especializado en Empresarios), Sports and Entertainment Group (Grupo de Deportes y Entretenimiento) y Legal and Medical Specialty Groups (Grupos Especializados en Leyes y Medicina) y GenSpring son nombres comerciales usados por SunTrust Bank, SunTrust Banks Trust Company (Cayman) Limited, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc. y SunTrust Advisory Services, Inc.

SunTrust y sus afiliadas no tienen responsabilidad fiduciaria para todos los tipos de cuentas bancarias y de inversiones que se ofrecen. Consulte con su representante de SunTrust para determinar si SunTrust y sus afiliadas han aceptado la responsabilidad fiduciaria para su(s) cuenta(s) y si usted ha completado la documentación necesaria para establecer una relación fiduciaria con SunTrust Bank o una afiliada. Para ver información adicional sobre los tipos de cuentas y divulgaciones importantes visite www.suntrust.com/investmentinfo.

SunTrust Robinson Humphrey es la razón social de los servicios corporativos y de banca de inversión de SunTrust Banks, Inc. y sus filiales, incluyendo SunTrust Robinson Humphrey, Inc., miembro de FINRA y SIPC.