Academic Answer^®: the solution to your student loan needs

Rising tuition, coupled with limited government aid, has created a widening gap between the cost of college and financial aid. The private student loan, Academic Answer^®, is a way to fill the gap by borrowing the difference between school expenses and other Federal financial aid.

Apply now for a SunTrust Private Student Loan

Experience the benefits of choosing SunTrust

• Six-month grace period while you find a job
• Generous student loan repayment terms
• Exclusive SunTrust Graduation Reward — $300 principal reduction on every SunTrust Academic Answer^® loan upon graduation¹
• No Upfront Fees!²
• 0.25% interest rate reduction when you have your payments automatically deducted from a personal bank account³
• Rates for graduate students as low as one-month London Interbank Offered Rate (LIBOR)⁴ + 3.00%, currently a 3.375% interest rate and 3.32% APR⁵
• Rates for undergraduate students as low as one-month London Interbank Offered Rate (LIBOR)⁴ + 3.50%, currently a 3.875% interest rate and 3.80% APR⁶
• Defer payments until after graduation⁷

Apply now for a SunTrust Private Student Loan

Please note that SunTrust Bank recommends you consider all aid alternatives including grants, scholarships, and federal loans (Stafford, PLUS and Grad PLUS), prior to applying for private student loans, such as the Academic Answer^® Loan.

In order to be eligible, borrowers must meet these requirements:

• Must be enrolled at least half-time at an eligible school.
• Must be a U.S. citizen or permanent resident (if applicable, please be sure to provide necessary documentation).
• You must be the legal age of majority or at least 17 years of age with a cosigner who is legal age of majority.*
• Your permanent residence is NOT in Illinois, Iowa, Texas, Washington, or Wisconsin. (Permanent residents of Illinois are restricted from cosigning for an Academic Answer^® loan as well).

* The legal age for entering into contracts is 18 years of age in every state except Alabama and Nebraska (19 years old), and Mississippi and Puerto Rico (21 years old).

** Either the borrower or cosigner must have 36 months of credit history with three trade lines that are either open, paid off, or closed (none of which can be authorized user accounts), and at least one of the three trade lines must be designated as an installment or mortgage loan. Deferred student loans will not be considered as a trade line.

SunTrust is a federally registered service mark and Academic Answer^® is a federally registered trademark of SunTrust Banks, Inc.

¹Proof of graduation is required.

²A Repayment Finance Charge may apply based on your or your cosigner's credit history.

³The 0.25% rate reduction is available to borrowers who arrange with their servicer to automatically deduct monthly payments from their personal bank account. Savings programs are effective for all loans disbursed on or after October 13, 2006.

⁴LIBOR stands for London Interbank Offered Rate. The one-month LIBOR is the Current Index, as published in the "Money Rates" section of the Wall Street Journal (Eastern Edition). Your variable interest rate and Annual Percentage Rate (APR) may be higher depending upon your credit history and will increase or decrease if the one-month LIBOR index changes. Your variable interest rate is calculated by adding the current one-month LIBOR index (captured on the 25th day of each month, or the next business day thereafter, of the month immediately preceding such calendar month and rounded up to the nearest 1/8th of one percent) to your margin. The current one-month LIBOR index was 0.375% on 7/1/09.

⁵This APR example assumes a $10,000 graduate, cosigned loan disbursed over two transactions with a deferment period of 45 months upon initial disbursement and a six month grace period upon graduation, a 25 year repayment term with no Repayment Finance Charge, and a 3.00% margin. Margins can range from 3.00% to 10.25% and Repayment Finance Charges can range from 0% to 6.0%, both depending if the loan is co-signed and upon your or your cosigner's credit history.

⁶This APR example assumes a $10,000 undergraduate, cosigned loan disbursed over two transactions with a deferment period of 45 months upon initial disbursement and a six month grace period upon graduation, a 25 year repayment term with no Repayment Finance Charge, and a 3.50% margin. Margins can range from 3.50% to 10.75% and Repayment Finance Charges can range from 0% to 6.0%, both depending if the loan is co-signed and upon your or your cosigner's credit history.

⁷Interest will continue to accrue while your payments are deferred, and it will be capitalized (added to your principal loan balance) when repayment begins.

Certain restrictions and limitations may apply. SunTrust reserves the right to change or discontinue these benefits without notice. This loan program may not be available in all jurisdictions

Apply now for a SunTrust Private Student Loan