Click on the private student loan below to see payment examples.

Compare product features and options for the three products listed below, including current APRs and product options.




SunTrust Custom Choice Loan
  • Payment Examples for the Custom Choice Loan

    The following examples each assume a 45-month deferment period and a six month grace period before entering repayment of principal and interest.

    7 year term:
    $10,000 loan disbursed over two transactions with partial interest repayment of $251 during the deferment and grace periods, with a 7-year repayment term (84 months) and a 7.947% APR would result in a monthly principal and interest payment of $192.23.2

    10 year term:
    $10,000 loan disbursed over two transactions with partial interest repayment of $251during the deferment and grace periods, with a 10-year repayment term (120 months) and a 8.412% APR would result in a monthly principal and interest payment of $155.69.2

    15 year term:
    $10,000 loan disbursed over two transactions with partial interest repayment of $251during the deferment and grace periods, with a 15-year repayment term (180 months) and a 8.891% APR would result in a monthly principal and interest payment of $129.69.2

    Custom Choice Product Details and Loan Options



  • SunTrust Graduate Business School Loan
  • Payment Examples for the Graduate Business Loan

    The following examples each assume a 45-month deferment period and a six month grace period before entering repayment of principal and interest.

    7 year term:
    $10,000 loan disbursed over two transactions partial interest repayment of $251 during the deferment and grace periods, with a 7-year repayment term (84 months) and a 7.947% APR would result in a monthly principal and interest payment of $192.23.2

    10 year term:
    $10,000 loan disbursed over two transactions with partial interest repayment of $251 during the deferment and grace periods, with a 10-year repayment term (120 months) and a 8.412% APR would result in a monthly principal and interest payment of $155.69.2

    Graduate Business Loan Product Details and Loan Options



  • Union Federal Private Student Loan funded by SunTrust
  • Payment Examples for the Union Federal Private Student Loan

    The following examples each assume 45-month deferment period and six month grace period before entering repayment of principal and interest.

    7 year term:
    $10,000 loan disbursed over two transactions partial interest repayment of $251 during the deferment and grace periods, with a 7-year repayment term (84 months) and a 7.947% APR would result in a monthly principal and interest payment of $192.23.2

    10 year term:
    $10,000 loan disbursed over two transactions with partial interest repayment of $251 during the deferment and grace periods, with a 10-year repayment term (120 months) and a 8.412% APR would result in a monthly principal and interest payment of $155.69.2

    15 year term:
    $10,000 loan disbursed over two transactions partial interest repayment of $251 during the deferment and grace periods, with a 15-year repayment term (180 months) and a 8.891% APR would result in a monthly principal and interest payment of $129.69.2

    Union Federal Private Student Loan Product Details and Loan Options



  • SunTrust recommends comparing all aid alternatives including grants, scholarships, federal student loans, and SunTrust private student loan prior to applying for a private student loan. Before selecting a private student loan, compare options offered by SunTrust.

    Union Federal is a federally registered trademark of Cognition Financial Corporation used by SunTrust Bank under license. The Union Federal Private Student Loan is funded by SunTrust Bank and is not affiliated with any other lender. Certain restrictions and limitations may apply. SunTrust Bank reserves the right to change or discontinue this program without notice. This loan program is subject to approval under the SunTrust credit policy and other criteria and may not be available in certain jurisdictions. SunTrust is a federally registered service mark of SunTrust Banks, Inc. Cognition Financial Corporation is not an affiliate of SunTrust Bank.

    1 Making interest only payments while in school will not reduce the principal balance of the loan. Any accrued and unpaid interest will be capitalized (added to the principal loan balance) when repayment of principal and interest begins. Partial Interest Payment plan of $25 per month is available on loans of $5,000 or more.

    2 Current interest rates depend on (1) the student's and cosigner's, if applicable, credit histories, (2) the repayment option and loan term selected, and (3) the requested loan amount and other information provided on the online loan application. If approved, applicants will be notified of the rate qualified for. The fixed rate assigned to a loan will never change except as required by law or if you request and qualify for the ACH reduction benefit(s). Rates and terms effective for applications received on or after 10/01/17.

    Certain restrictions and limitations may apply. SunTrust Bank reserves the right to change or discontinue these programs without notice. Availability of all loan programs is subject to approval under the SunTrust credit policy and other criteria and programs may not be available in certain jurisdictions.