June 5, 2026: Lowest Student Loan Rates Hold at 3.44% Fixed for Parents & Grads

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.