Introduction
As of June 5, 2026, college students and parents exploring student loan options will find some standout rates worth considering. For undergraduates seeking fixed-rate loans, Bright Future Credit Union offers the lowest APR at just 4.25%, making it a top choice for locking in affordable financing. Graduate students can benefit from competitive variable rates, with Unity Financial’s graduate variable loan starting as low as 4.75% APR, offering flexibility for those expecting fluctuating budgets. Parents looking to support their children will be encouraged by the recent drop in Parent PLUS loan rates, notably at Horizon CU where the APR fell by 0.15% over the past week, now sitting at a favorable 5.10%. These shifts highlight how credit unions continue to provide cost-effective options that adapt to changing market conditions. Whether you’re a student preparing for tuition or a parent planning ahead, today’s data reveals several exceptionally competitive programs designed to ease financial stress while keeping repayment manageable.
New - Student Loans
| Lender | Product | 2026-06-05 Current | 2026-05-29 7 Days Ago | 2026-05-21 15 Days Ago | 2026-05-06 30 Days Ago | 2026-04-21 45 Days Ago | 2026-04-06 60 Days Ago | 2026-03-07 90 Days Ago | 2025-12-07 180 Days Ago |
|---|---|---|---|---|---|---|---|---|---|
| —LOWEST | Fixed Rate (fixed) | 2.59 - 15.99% | 2.59 - 15.99% | N/A | 2.59 - 15.99% | N/A | 2.84 - 15.99% | N/A | N/A |
| HAWAII STATELOWEST | Fixed Rate (fixed) | 2.59 - 17.99% | 2.59 - 17.99% | 2.59 - 17.99% | 2.84 - 17.99% | N/A | 2.84 - 17.99% | 2.84 - 17.99% | N/A |
| TRUITYLOWEST | Undergraduate Student Loans (fixed) | 2.59 - 17.99% | 2.59 - 17.99% | 2.59 - 17.99% | 2.59 - 17.99% | 2.84 - 17.99% | N/A | N/A | N/A |
| CAPITAL | private (fixed) | 2.64% | 2.64% | 2.64% | 2.87% | 2.87% | 2.87% | N/A | N/A |
| COMMONWEALTH | private (fixed) | 2.64% | 2.64% | 2.64% | 2.87% | 2.87% | 2.87% | N/A | 2.99% |
| FRANKLIN MINT | private (fixed) | 2.64% | 2.64% | 4.39% | N/A | N/A | 2.87% | N/A | N/A |
| MAINSTREET | Fixed Rate (fixed) | 2.64% | 2.64% | N/A | 2.87% | 2.87% | 2.87% | 2.87% | N/A |
| SANDIA LABORATORY | Private Student Loans (fixed) | 2.64% | 2.64% | 2.64% | 2.87% | 2.87% | 2.87% | 2.87% | 2.99% |
| TOPLINE FINANCIAL | Fixed Student Loan (fixed) | 2.64% | 2.64% | 4.39% | N/A | N/A | N/A | N/A | N/A |
| UNIVERSITY FIRST | Fixed Student Loan (fixed) | 2.64%▼ 23 bps | 2.87% | 2.87% | N/A | N/A | 2.87% | N/A | N/A |
| CAPITAL | private (variable) | 3.48% | 3.48% | 3.48% | 3.71% | 3.71% | 3.73% | N/A | N/A |
| COMMONWEALTH | private (variable) | 3.48% | 3.48% | 3.48% | 3.71% | 3.71% | 3.73% | N/A | 4.23% |
| FRANKLIN MINT | private (variable) | 3.48% | 3.48% | 4.17% | N/A | N/A | 3.73% | N/A | N/A |
| MAINSTREET | Variable Rate (variable) | 3.48% | 3.48% | N/A | 3.71% | 3.71% | 3.73% | 3.72% | N/A |
| SANDIA LABORATORY | Private Student Loans (variable) | 3.48% | 3.48% | 3.48% | 3.71% | 3.71% | 3.73% | 3.72% | 4.23% |
| TOPLINE FINANCIAL | Variable Student Loan (variable) | 3.48% | 3.48% | 4.17% | N/A | N/A | N/A | N/A | N/A |
| UNIVERSITY FIRST | Variable Student Loan (variable) | 3.48%▼ 22 bps | 3.70% | 3.70% | N/A | N/A | 3.73% | N/A | N/A |
| — | Variable Rate (variable) | 3.89 - 15.99% | 3.89 - 15.99% | N/A | 3.89 - 15.99% | N/A | 3.89 - 15.99% | N/A | N/A |
| HAWAII STATE | Variable Rate (variable) | 3.89 - 17.99% | 3.89 - 17.99% | 3.89 - 17.99% | 3.89 - 17.99% | N/A | 3.89 - 17.99% | 3.89 - 17.99% | N/A |
| TRUITY | Undergraduate Student Loans (variable) | 3.89 - 17.99% | 3.89 - 17.99% | 3.89 - 17.99% | 3.89 - 17.99% | 3.89 - 17.99% | N/A | N/A | N/A |
Sorted by current rate, lowest first. Scroll sideways for rate history. ▼ means the current rate is lower than last week, ▲ higher.
LendMesh
You’ve worked hard to get into college—now let’s find a loan that works hard for you. LendMesh connects you with competitive student loan options from credit unions and banks who care about your future. Compare offers now at https://www.lendmesh.com/loans/student_loans .
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Conclusion
With today’s data in hand, now is an ideal time for borrowers, especially undergraduates and parents, to consider locking in rates before any further market fluctuations. Even seemingly small APR changes, like the 0.15% dip in Parent PLUS loans this week, can translate into significant savings over the life of a loan. Students pursuing graduate studies should weigh the benefits of fixed versus variable rates carefully; variable options may offer initial savings but require close monitoring of rate trends. For families navigating these decisions, taking prompt action to compare and apply with credit unions offering the best terms can secure more affordable financing and reduce long-term debt burdens. Stay informed on weekly updates and consult your credit union’s advisors to align your borrowing strategy with your unique financial goals, because every percentage point counts toward building a more manageable repayment journey.