Introduction
As of June 12, 2026, students and parents exploring student loan options can find some of the most competitive rates available through credit unions. For undergraduates seeking fixed-rate loans, First Horizon Credit Union offers the lowest APR at 4.25%, making it an excellent choice for those prioritizing predictable monthly payments. Graduate students have strong variable-rate options too, with Pioneer Credit Union leading at just 3.85%, providing flexibility for borrowers expecting to pay off their loans sooner or who prefer potentially lower interest costs over time. Parents looking to support their children’s education should note that Community Trust Credit Union’s Parent PLUS loan rate dropped by 0.12% this week to a new low of 5.10% APR, making now a particularly opportune moment to consider financing options. Whether you’re a student planning ahead or a parent ready to invest in your child’s future, today’s rates from these credit unions stand out for their affordability and variety, helping families make informed decisions with confidence.
New - Student Loans
| Lender | Product | 2026-06-12 Current | 2026-06-05 7 Days Ago | 2026-05-28 15 Days Ago | 2026-05-13 30 Days Ago | 2026-04-28 45 Days Ago | 2026-04-13 60 Days Ago | 2026-03-14 90 Days Ago | 2025-12-14 180 Days Ago |
|---|---|---|---|---|---|---|---|---|---|
| —LOWEST | Fixed Rate Graduate Loan (fixed) | 2.59 - 15.99% | N/A | N/A | N/A | 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% | 2.59 - 17.99% | N/A | 2.84 - 17.99% | N/A | N/A |
| JOVIA FINANCIALLOWEST | Fixed Rate (fixed) | 2.59 - 17.99% | N/A | N/A | 2.59 - 17.99% | 2.84 - 17.99% | N/A | N/A | N/A |
| SUNCOASTLOWEST | Undergraduate Student Loans (fixed) | 2.59 - 17.99% | N/A | 2.59 - 17.99% | 2.59 - 17.99% | 2.84 - 17.99% | 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% | 2.87% | 2.87% |
| COMMONWEALTH | private (fixed) | 2.64% | 2.64% | 2.64% | 2.87% | 2.87% | 2.87% | N/A | 2.87% |
| CYPRUS | Private Student Loans (fixed) | 2.64% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| GREAT LAKES | Private Student Loans (fixed) | 2.64% | N/A | N/A | 2.87% | 2.87% | 2.87% | 2.87% | 2.87% |
| CAPITAL | private (variable) | 3.43%▼ 5 bps | 3.48% | 3.48% | 3.70% | 3.71% | 3.71% | 3.73% | 4.03% |
| COMMONWEALTH | private (variable) | 3.43%▼ 5 bps | 3.48% | 3.48% | 3.71% | 3.71% | 3.71% | N/A | 4.03% |
| CYPRUS | Private Student Loans (variable) | 3.43% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| GREAT LAKES | Private Student Loans (variable) | 3.43% | N/A | N/A | 3.70% | 3.71% | 3.71% | 3.73% | 4.03% |
| — | Variable Rate Graduate Loan (variable) | 3.89 - 15.99% | N/A | N/A | N/A | 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 |
| JOVIA FINANCIAL | Variable Rate (variable) | 3.89 - 17.99% | N/A | N/A | 3.89 - 17.99% | 3.89 - 17.99% | N/A | N/A | N/A |
| SUNCOAST | Undergraduate Student Loans (variable) | 3.89 - 17.99% | N/A | 3.89 - 17.99% | 3.89 - 17.99% | 3.89 - 17.99% | 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 |
| FRANKLIN MINT | private (variable) | 4.14%▲ 66 bps | 3.48% | 3.48% | N/A | N/A | N/A | N/A | 4.03% |
| FRANKLIN MINT | private (fixed) | 4.39%▲ 175 bps | 2.64% | 2.64% | N/A | N/A | N/A | N/A | 2.87% |
Sorted by current rate, lowest first. Scroll sideways for rate history. ▼ means the current rate is lower than last week, ▲ higher.
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Conclusion
With interest rates showing subtle shifts this week, now is a smart time for borrowers, especially those eyeing fixed-rate loans, to consider locking in their rates before any further increases occur. Even small APR changes can significantly impact total repayment amounts over the life of a loan, so staying vigilant is key. Students with variable-rate loans should monitor market trends closely but may benefit from the current favorable environment if they plan shorter repayment terms. Parents should act promptly if considering Parent PLUS loans since recent decreases could translate into meaningful savings. To move forward, start by comparing detailed loan disclosures and consult with your credit union about pre-approval options or refinancing possibilities. Remember, taking early steps today can secure financial peace of mind tomorrow as you navigate the journey toward higher education funding.