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 the SunTrust Off to College Scholarship Sweepstakes (see Official Rules for details).