October 24, 2025: Lowest Fixed Rates Hold at 2.55% for Undergrads & Parents

As of October 24, 2025, students and parents exploring student loan options can find some of the most competitive rates available through credit unions nationwide. For undergraduates seeking fixed-rate loans, Midwest Federal Credit Union offers an impressively low 4.15% APR, making it an excellent choice for locking in stable payments over the life of the loan. Graduate students looking for variable rates will appreciate Pioneer Credit Union’s 3.85% APR, one of the lowest this week, providing potential savings if rates remain steady or decline. Parents financing their children’s education should note that Community Trust Credit Union's Parent PLUS loan fixed rate stands at a favorable 5.25% APR, with a slight dip of 0.10% over the past month, signaling a small but meaningful improvement in borrowing costs. Whether you're a first-time borrower or refinancing existing debt, today’s data reveals solid opportunities to secure affordable funding tailored to your educational goals.