May 29, 2026: Student Loan Rates Hold at 3.44% Fixed for Parents & Grads

As of May 29, 2026, college students, parents, and graduates searching for affordable student loan options have several competitive choices to consider. The lowest fixed undergraduate student loan APR currently stands at an attractive 4.25% offered by Summit Credit Union, making it a standout option for those seeking predictable monthly payments. For graduate students aiming for flexibility, the variable-rate loans at Pioneer Credit Union offer rates as low as 3.85%, providing potential savings if interest rates remain stable or decline. Parents looking to support their children’s education will find the most competitive Parent PLUS loan APR at Community First Credit Union with a fixed rate of 5.10%. Notably, this week saw a significant shift: the Parent PLUS loan APR at Riverside Credit Union dropped by 0.12%, presenting an excellent window for parents to lock in better terms. Whether you’re financing your first year or managing graduate expenses, today’s data highlights strong opportunities across both fixed and variable programs tailored to diverse needs.