• Parents can borrow up to the total cost of a college education, minus financial aid already received.
  
  
• The interest rate is fixed at 8.50%.*
  
  
• You start paying back the loan 60 days after the money has been disbursed to the college. Deferments may be available.**
  
  
• Financial need isn't an issue in getting a PLUS loan, but credit guidelines will apply in determining eligibility. If you are concerned about your eligibility, consider a PLUS Loan Pre-Approval.
  
  
• You do have options for reducing your interest rate through SunTrust.

For more details on PLUS loans, see our Federal Loan Comparison chart. Or, if you're ready, apply now. If you have any questions about the application process, please feel free to contact us.

*	Effective July 1, 2006. Actual APRs will exceed the above interest rates. An origination fee of 3% and a default fee of 1% will be will be calculated based on, and deducted from, each disbursement.
**	Interest will accrue during deferment and be capitalized (added to the loan balance) at the end of the deferment period. Certain restrictions and limitations may apply. SunTrust Bank reserves the right to change or discontinue these programs without notice. All loan programs may not be available in certain jurisdictions.