The Academic Answer® Loan - money to help pay for college
SunTrust Bank understands paying for college can be difficult. With the Academic Answer Loan, a private student loan, it’s possible to bridge the gap between financial aid and the cost of college. Borrow up to $100,000 for undergraduate study, and $150,000 for graduate study* with a maximum per academic year of your school's cost of attendance, minus any federal loans, scholarships, or grants. Academic Answer loan limits are set by grade level. To determine the maximum loan amount you may be considered for, click here to use the loan limit calculator.
Many students will need a cosigner.
Since borrowers must have a substantial credit history, it is wise to apply with a creditworthy cosigner. With a credit worthy cosigner, you have a greater chance of getting approved. You may even get a lower loan rate. Click here for more information about cosigners.
Look to the future
It's important to consider the amount of student loan debt you have overall when borrowing new loans. It's also important to consider what your monthly payment will look like. To see monthly payment examples for the Academic Answer Loan, click here.
Ready to apply?
SunTrust has made getting the additional funding you need an easy process. You can apply online by clicking here. If you’d like to learn more about how the Academic Answer loan can help pay for things such as tuition, books, rent, or a new computer, click here or call 866.763.6351.
Please note that SunTrust recommends you exhaust all financial 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 Learn more about private loans.
Find out more about our other private loan, Custom Choice LoanSM.
* Undergraduate aggregate amount is $100,000 (includes all student loans and any unsecured, deferred consumer debt); Graduate aggregate amount is $150,000 (includes all undergraduate and graduate student loans combined and any unsecured, deferred consumer debt)