STI CLASSIC FUNDS
                         EQUITY AND FIXED INCOME FUNDS
                            INVESTOR AND FLEX SHARES
                      SUPPLEMENT DATED DECEMBER 8, 1997 TO
                     THE PROSPECTUSES DATED OCTOBER 1, 1997
 
    This Supplement supersedes and replaces any existing supplements to the
Prospectuses and provides new and additional information beyond that contained
in the Prospectuses. This Supplement should be retained and read in conjunction
with the Prospectuses.
 
    The Trustees of the STI Classic Funds (the "Trust") voted unanimously at a
meeting held November 19, 1997 to increase the fees paid to the Administrator.
As a result of the revised fee schedule and the Trust's current asset levels,
"Other Expenses" and "Total Fund Operating Expenses After Fee Waivers and
Reimbursements" described under each Fund will each increase by .02%. In
addition, the information under the heading GENERAL INFORMATION--ADMINISTRATION
should be replaced with the following:
 
               SEI Fund Resources acts as the Trust's Administrator. For
       its administrative services, the Administrator is entitled to a
       fee, which is calculated daily and paid monthly, at an annual rate
       as follows:
 
                             .12% on the first $1 billion
                             .09% on the next $4 billion
                             .07% on the next $3 billion
                             .065% on the next $2 billion
                             .06% thereafter.
 
               The Administrator may voluntarily waive all or a portion
       of its fees to limit Total Fund Operating Expenses.
 
    In addition, the following sentence should be added after the last sentence
under the heading FRONT-END SALES CHARGES--INVESTOR SHARES:
 
               The front-end sales charge may be waived or reduced on
       Investor Shares purchased through dealers, retirement plans, asset
       allocation programs and financial institutions that, under their
       dealer agreements with the Distributor or otherwise, do not
       receive any or receive a reduced portion of the front-end sales
       charge.
 
              PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.