Introduction
As of May 27, 2026, students and parents exploring student loan refinancing options can find some of the most competitive rates available at credit unions nationwide. For those seeking the lowest fixed refinance rates, Merrimack Valley Credit Union stands out with rates as low as 3.75%, offering a strong option for borrowers looking to lock in predictability. On the variable side, Clearview Credit Union presents an attractive starting point at 3.75%, giving flexibility to those comfortable with potential rate fluctuations. Meanwhile, several credit unions like USC and Commonwealth maintain steady fixed refinance rates in the high 3% to low 4% range, ideal for borrowers prioritizing stability. Notably, most rates have remained consistent over the past month, providing reassurance amid market shifts. Whether you’re a recent graduate or a parent considering refinancing student loans, today’s data highlights solid fixed and variable refinance programs tailored to different needs and risk preferences.
Refinance - Student Loans
Credit Union
Product
2026-05-27
(Current Day)
(Current Day)
2026-05-20
(7 Days Ago)
(7 Days Ago)
2026-05-12
(15 Days Ago)
(15 Days Ago)
2026-04-27
(30 Days Ago)
(30 Days Ago)
2026-04-12
(45 Days Ago)
(45 Days Ago)
2026-03-28
(60 Days Ago)
(60 Days Ago)
2026-02-26
(90 Days Ago)
(90 Days Ago)
2025-11-28
(180 Days Ago)
(180 Days Ago)
Variable Rates [Refinance]
5.25 - 10.75
5.25 - 10.75
5.50 - 11.00▲ 25 bps
5.50 - 11.00▲ 25 bps
Variable Rates [Refinance]
3.75 - 10.25
3.75 - 10.25
3.75 - 10.25
4.00 - 10.50▲ 25 bps
4.00 - 10.50▲ 25 bps
Fixed Rates [Refinance]
5.49 - 12.00
5.49 - 12.00
5.49 - 12.00
5.49 - 12.00
5.49 - 12.00
Refinance Student Loans (variable) [Refinance]
4.17
4.17
4.20▲ 3 bps
4.19▲ 2 bps
4.39▲ 22 bps
Refinance Student Loans (fixed) [Refinance]
4.39
4.39
4.39
4.39
4.49▲ 10 bps
Variable Rate (variable) [Refinance]
4.19
4.17▼ 2 bps
4.17▼ 2 bps
4.18▼ 1 bps
4.18▼ 1 bps
4.39▲ 20 bps
Refinance Student Loans (variable) [Refinance]
4.19
4.18▼ 1 bps
4.18▼ 1 bps
4.20▲ 1 bps
4.39▲ 20 bps
Refinance Student Loans (fixed) [Refinance]
4.39
4.39
4.39
4.39
4.49▲ 10 bps
Variable Rate (variable) [Refinance]
4.19
4.17▼ 2 bps
4.18▼ 1 bps
4.18▼ 1 bps
4.20▲ 1 bps
4.20▲ 1 bps
MERRIMACK VALLEY CREDIT UNION
As of May 27, 2026, MERRIMACK VALLEY’s refinance student loan rates remain steady, with fixed rates from 3.75% to 8.75% and variable rates ranging 5.25% to 10.75%, showing no change over the past 7 days. The fixed-rate refinance offers the most competitive low-end APR at 3.75%, ideal for borrowers seeking predictable payments. Variable rates, while higher, may benefit those expecting rate drops or shorter loan terms. Consider refinancing if your current rate exceeds 8%, as these options could lower your monthly costs without recent rate increases. For more details, visit https://brightbridge.studentchoice.org/student-loan-refinance/#Rates.
CLEARVIEW FEDERAL CREDIT UNION
As of May 27, 2026, CLEARVIEW's refinance student loan rates remain steady, with variable rates ranging from 3.75% to 10.25% and fixed rates between 5.49% and 12.00%, unchanged over the past 30 days. The lowest variable APR at 3.75% offers a competitive option for borrowers seeking flexible payments, while fixed rates provide predictable monthly costs without recent fluctuations. Consider refinancing if your current rate exceeds 8%, as CLEARVIEW’s stable offerings may reduce your interest expense. For more details, visit https://clearviewfcu.studentchoice.org/student-loan-refinance/.
USC CREDIT UNION
As of May 27, 2026, the USC Student Loan Refinance (fixed) rate remains steady at 3.99% APR, showing no change over the past 30 days. This consistent rate reflects a competitive option for borrowers seeking to lower their student loan costs through refinancing. With no recent fluctuations, this product offers predictable repayment terms. Consider refinancing if your current loan rate exceeds 8%, as locking in a stable, below-4% APR could significantly reduce interest expenses over time. Maintaining a fixed rate also protects against future market volatility, making USC’s refinance product a practical choice for cost-conscious borrowers.
COMMONWEALTH FEDERAL CREDIT UNION
As of May 27, 2026, COMMONWEALTH’s refinance student loan rates remain steady with the variable rate at 4.17% and the fixed rate at 4.39%, unchanged over the past 7 days. These competitive rates offer borrowers opportunities to lower their interest costs compared to many federal and private loans. If your current loan rate exceeds 8%, refinancing with COMMONWEALTH could reduce your monthly payments and overall interest. Since no recent rate fluctuations occurred, timing is less critical; focus instead on evaluating total savings versus refinancing costs. For more details, visit https://partner.lendkey.com/ccuky/refinance.
1ST ADVANTAGE FEDERAL CREDIT UNION
As of May 27, 2026, 1ST ADVANTAGE’s refinance student loan rates remain stable with the Variable Rate at 4.19%, slightly up by 2 bps from 7 and 15 days ago, but effectively unchanged over 30 days. The Fixed Rate holds steady at 4.39% across all measured periods. The variable rate offers the most competitive APR currently available for refinancing. Borrowers with existing loans above 8% APR should evaluate refinancing options, as locking in a rate near 4.19% variable or 4.39% fixed could yield significant savings over time. Consider refinancing if potential savings outweigh any associated fees. For more details, visit https://partner.lendkey.com/1stadvantage/refinance,
CAPITAL CREDIT UNION
As of May 27, 2026, CAPITAL’s refinance private variable rate stands at 4.19%, a slight increase from 4.17% seven and fifteen days ago, reflecting a modest upward trend over the past week. The private fixed refinance rate remains steady at 4.39%, unchanged for the last 30 days. The variable option currently offers the most competitive APR, beneficial for borrowers seeking lower initial rates with potential market adjustments. Consider refinancing if your existing student loan rate exceeds 8%, as these rates provide substantial savings opportunities when compared to higher-rate loans. For more details, visit https://partner.lendkey.com/capitalcu/refinance.
CYPRUS FEDERAL CREDIT UNION
As of May 27, 2026, CYPRUS offers competitive refinance student loan rates with a variable APR at 4.19% and a fixed APR at 4.39%. Since no prior data is available for comparison, these rates set the current baseline. The variable rate is the lowest option, ideal for borrowers seeking potential savings if market rates remain stable or decline. Consider refinancing if your existing loan rate exceeds these benchmarks, especially above 8%, to reduce interest costs. For more details, visit https://partner.lendkey.com/cypruscu/refinance.
FINANCIAL PARTNERS CREDIT UNION
As of May 27, 2026, FINANCIAL PARTNERS' Refinance Student Loans show stable rates with the variable APR at 4.19%, slightly up from 4.18% thirty days ago, indicating minimal movement. The fixed APR remains steady at 4.39%, unchanged over the past month. The variable refinance option offers the most competitive rate currently. Borrowers with higher existing rates should consider refinancing to take advantage of these low, stable APRs; however, evaluate if potential savings outweigh any refinancing costs before proceeding. For more details, visit https://partner.lendkey.com/fpcu/refinance.
FRANKLIN MINT FEDERAL CREDIT UNION
As of May 27, 2026, FRANKLIN MINT offers competitive refinance student loans with a private variable APR at 4.19% and a private fixed APR at 4.39%, both newly available with no prior rate history for direct comparison. These rates stand out as low-cost options for borrowers seeking to lower their current student loan expenses. Consider refinancing if your existing loan rates exceed 8%, as these products may provide meaningful savings without upfront rate volatility concerns. For more details, visit https://partner.lendkey.com/fmfcu/refinance.
MAINSTREET FEDERAL CREDIT UNION
As of May 27, 2026, MAINSTREET’s variable refinance rate stands at 4.19%, showing a slight increase of 2 basis points from 7 days ago and a stable trend over 30 days. The fixed refinance rate remains steady at 4.39% with no change in the past month. The variable rate offers the most competitive option currently for borrowers seeking flexibility. Consider refinancing if your current student loan rate exceeds these levels, especially when savings surpass refinancing costs. For more details, visit https://partner.lendkey.com/mainstreetcu/refinance.
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Conclusion
Looking ahead, borrowers should consider locking in rates soon if they prefer certainty in monthly payments, especially with fixed refinance options hovering near historic lows around 3.75% to 4.39%. Even small APR changes of a few hundredths can translate into meaningful savings over the life of a loan, so staying informed and acting promptly is key. Variable rate programs might suit those expecting income growth or planning shorter repayment terms but require careful monitoring of market trends. Parents and graduates alike should evaluate their financial goals alongside these updated rates to choose programs that best align with their budgets and timelines. For those ready to refinance or apply for new loans, now is an opportune moment to explore offers from credit unions like Merrimack Valley and Clearview while these competitive rates hold steady. Staying proactive ensures you capture favorable terms before potential market changes arise.