June 12, 2026: Lowest Student Loan Rates at 3.35% Fixed for Parents & Grads

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.