June 19, 2026: Student Loan Rates Drop to 2.89% Fixed | Parent & Grad Options

As of June 19, 2026, students and parents exploring student loan options have several standout choices to consider. For undergraduates seeking fixed-rate loans, the lowest APR is a competitive 4.25% offered by Horizon Credit Union, making it an attractive option for locking in steady payments. Graduate students can benefit from variable-rate loans with rates as low as 3.75% at Summit Federal Credit Union, ideal for those comfortable with potential rate fluctuations but aiming to minimize initial costs. Parents looking to support their children’s education will find Parent PLUS loans at Greenfield Credit Union starting at 5.10%, which recently saw a notable drop of 0.12% APR over the past week, an encouraging sign for borrowers monitoring rate trends. Whether you’re an undergraduate, graduate student, or parent, today’s data highlights some of the most competitive programs available through credit unions that prioritize member-friendly terms and flexibility.