Important Notice: Federal student loans are now offered exclusively by the Federal Direct Student Loan Program. Please contact your school’s financial aid office for more information.
A quick education on federal loans.
- Stafford Loans: Stafford loans are low-interest student loans made directly to students by the government. There are two types of Stafford loans. With a Subsidized Stafford Loan, the government pays the loan's interest while the student is in school at least half-time. These loans are based on family need. Unsubsidized Stafford Loans are made to students no matter what their family's need or income level. The federal loan program also includes options for parents.
- PLUS Loans: PLUS Loans allow parents and graduate students to borrow money up to the cost of education, minus any financial aid. These loans are also offered at a low rate of interest directly from the government.. Financial need isn't an issue, but credit guidelines apply in determining eligibility.
If federal loans, scholarships and grants don't cover all of your college expenses, SunTrust offers private loans.