Money Management for Students

Be smarter with your money and build a better future.

At SunTrust Bank, we recognize the importance of financial responsibility, and we know managing your money can be tough. That's why we've put together some great information to help you put together a budget, manage your credit, protect your identity, and save more while spending less. You'll also find links for additional resources.

Budgeting: Learn the Basics

Find out how to set up a budget to manage your income and spending and put money aside for bills. Use our College Budget Calculator to understand what’s coming in and what’s going out.

Saving: It’s Not Just for Rainy Days

Yes, it’s good to have an emergency fund for a “rainy day” – but saving on a regular basis can help you live a better financial life. Review a list of ways to get the most from your money.

Spending: Think Before You Spend

At its most basic, money management involves two main things: what you take in, your income, and what goes out, your spending. Learn more about how to control and manage your spending.

Building Credit: Paper or Plastic?

What you don’t understand about credit could hurt you. The true cost of paying with plastic might be surprising.

Identity Theft: Don’t Be a Victim

What to do if your identity has been stolen. The do's and don’ts around an ATM. What to do if you lose your wallet.

This content does not constitute legal, tax, accounting, financial or investment advice. You are encouraged to consult with competent legal, tax, accounting, financial or investment professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.

Important Information

Before applying for a private student loan, SunTrust recommends comparing all financial aid alternatives including grants, scholarships, and both federal and private student loans. View and compare the available features of SunTrust private student loans.

Union Federal is a federally registered trademark of Cognition Financial Corporation. Start Student Loan is a trademark of Cognition Financial Corporation. Both are used by SunTrust Bank under license. SunTrust Bank is the lender of these private student loans and they are not offered in connection with any other lender or the federal government. Cognition Financial Corporation is not an affiliate of SunTrust Bank.

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

© 2017 Mapping Your Future, Inc.

Looking to reduce your interest rate by 0.50%?

If you are looking for a student loan, get 0.50% off the interest rate when you apply for a new Custom Choice Loan on or before 9/30/19!*

Read Important Disclaimers

* The Summer Savings discount has been extended and the offer is now valid for new Custom Choice Loans for which applications are submitted for a credit decision between 12:00:00am EST on June 1, 2019 and 11:59:59pm EST on September 30, 2019. A 0.50% interest rate reduction will be included in the loan options presented to an applicant during the online application process, upon passing the initial credit review. The interest rate reduction will be applied as of the first disbursement date and will be effective for the life of the loan.

Loans Resource Center

  • Contact

  • Wires

      For more details about Wire Transfers with SunTrust, call 800.947.3786.


      SunTrust incoming wire instructions:

      • For domestic incoming wires, use Routing ABA: 061000104
      • For international incoming wires, use SWIFT/BIC: SNTRUS3A
      • Beneficiary account number: SunTrust full account number
      • Beneficiary name: The name as it appears on the SunTrust account

      SunTrust incoming wire instructions are also available by calling 800.947.3786 - option 1