Suntrust Student Loans

Use Your Bank to Pay for College

SunTrust is one of the country’s leading banking institutions, with more than 1600 retail branches throughout the Southwest. With headquarters in Atlanta, SunTrust provides a full range of financial services for customers in Florida, Georgia, Maryland, South Carolina, North Carolina, Tennessee, West Virginia and the District of Columbia.

One of SunTrust’s most popular services is their full line of education loans for college students. These loans are some of the most competitive and affordable loans currently available currently available to students looking to finance their college education.

Tools, Resources and Special Incentivessun trust loans for college

SunTrust is dedicated to helping college students find the financial resources they need to fund their education, and their services go beyond simply offering education loans.

At SunTrust, students will find a variety of valuable tools to help them prepare for their financial future, including tips on planning for college, a tuition guide, and an education budget calculator.

In addition to student loans and college planning services, SunTrust also sponsors the annual Off to College Scholarship Sweepstakes . This is, in essence, a scholarship lottery which is open to all graduating high school seniors and currently enrolled college undergraduates. All college-bound students may enter the sweepstakes, regardless of GPA or course of study, and applicants do not have to be SunTrust customers to participate. Fifteen $1000 scholarships are awarded each year.

SunTrust Student Loans

SunTrust offers education loans for both undergraduate and graduate students currently enrolled, or preparing to enroll, in an accredited college or university. Like all private lender loans, eligibility is determined by credit history. This can present a challenge for those college-bound students with little, or no, credit history to speak of. Fortunately, SunTrust offers a cosigner option on most of their student loans. This allows students with a questionable credit history to engage a cosigner, usually a parent or guardian with good credit, to act as a guarantor of the loan. In this way students can qualify for the education loan they need, while building a solid credit history that will serve them well in the future. Most of SunTrust’s student loans also offer a cosigner release option that allows students to assume full responsibility for their loan once they have made a predetermined succession of timely payments.

SunTrust currently offers the following loans for eligible college students:

Private lender loans play a vital role in helping students finance their college education. That being said, students should consider private lender loans carefully. Only consider a private lender loan when all other financial aid opportunities have been exhausted, and then, only borrow what is necessary to cover any unmet need.

Before agreeing to any private lender loan, students should be certain that they understand all of their rights and responsibilities as a borrower, and that they have a plan in place to fully repay their education loans.

Private lender loans can be a key component of any student’s college financial plan, and SunTrust offers some of the most attractive and competitive student loans on the market, but students are advised to fully research any loan package before signing on the dotted line.