SunTrust Bank

SunTrust Bank

in Student Loan Refinancing from SunTrust Bank


SunTrust Bank


in Student Loan Refinancing from SunTrust Bank

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend SunTrust Bank to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Fixed APR 4.751% - 11.5%
Variable APR 2.001% - 10.05%
Loan Amount Up to $175,000
Loan Term (Years) 7 - 15

SunTrust Bank Review

Where does SunTrust Bank do business?

SunTrust Bank is a bank. It offers student loan refinancing in 11 states (and Washington, DC).

What APRs does SunTrust Bank offer on its student refinancing loans?

The range of APRs you qualify for when refinancing a student loan vary widely by lender and will depend on your creditworthiness and the type of loan you choose. Loans with fixed rates will typically have higher APRs than loans with a variable rate. 

SunTrust Bank offers variable rate APRs that range from 2.001% to 10.05%.
Borrowers who choose a fixed-rate refinancing loan can expect APRs that range from 4.751% to 11.5% APR.

Does SunTrust Bank charge an origination fee?

No, SunTrust Bank does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does SunTrust Bank charge prepayment fees?

Yes, SunTrust Bank charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What terms does SunTrust Bank offer?

SunTrust Bank provides refinancing loans of 7 to 15 years.

It also offers borrowers unemployment protection. This means that if you lose your job through no fault of your own your loan payments may qualify for a temporary hold.

What type of borrowers will SunTrust Bank consider?

SunTrust Bank considers loans applications from:

  • undergraduate degree holders
  • graduate degree holders

What do you need to qualify for a SunTrust Bank student loan refinance?

SunTrust Bank doesn’t disclose its credit score minimum.

Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.

What is the estimated funding time for a student loan refinance via SunTrust Bank?

SunTrust Bank will typically fund loans within 7 and 14 days of approval.

SUPERMONEY Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...


Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 11 states and Washington, D.C.
  • Alabama
  • Alaska
  • Washington, DC
  • Florida
  • Georgia
  • Maryland
  • Mississippi
  • North Carolina
  • South Carolina
  • Tennessee
  • Virginia
  • West Virginia

Feature Breakdown

Grace Period for Late Payment (Days) 6
No Origination Fee  
Cosigner Optional  
Funding Time Range (in days) 7 - 14
Unemployment Protection  
Variable APR 2.001% - 10.05%
Loan Amount Up to $175K
Loan Term (Years) 7 - 15
Fixed APR 4.751% - 11.5%

Be the first to rate


Would you recommend SunTrust Bank to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Student Loan Refinancing