Undergraduate Students

Financial Aid — navigating your options

Step one - determine how much you need to pay for college: not sure where to start? Our financial aid tools can help.

Step two - find free money: Before you even think about borrowing, search the world over for scholarships and grants. We're a good place to start. You might be able to help pay for school through work-study programs, too.

Step three - consider federal student loans: through the U.S. Department of Education's Direct Loan Program, federal student loans are available to students and parents regardless of income level.

Step four - consider other financing sources: if college tuition and expenses aren't covered in full through grants, scholarships and federal student loans (Stafford, PLUS and Grad PLUS), there are several other options to consider:

  • Private Student Loans - With a SunTrust private student loan, borrow money for education related expenses with the option to make payments or defer them while enrolled at least half-time at an approved school.
  • Home equity loans - If you own a home or other property, you may want to explore options for home equity loans to finance college tuition and expenses.
  • Home equity lines of credit - A home equity line of credit offers a smart, flexible and affordable way to use your home's equity to pay for the important things in your life — both now and in the future.

Paying for college can be a challenge, SunTrust can help navigate the options.

  • Money Management

    Before you look into paying for your college expenses, it's important to know how much money you'll need. Our money management resources, tools, and budgeting tips can help.

  • Financial Aid Tools

    Use our college tuition guide and step-by-step guide to paying for college for planning advice on how to avoid getting too over-burdened with debt before you've earned a degree.

  • Scholarships & Grants

    Before you get a loan, we encourage you to try getting scholarships and grants first. Our list of online resources can help. You can also register for our SunTrust Off To College Scholarship Sweepstakes.