Student Loans: The Life Preserver Of Our Education System Applying for a loan is free and you can even complete itonline. You can get a copy of the application at yourcollege's financial aid office, post office or library. Ittakes some patience and time to fill it out and variouspaperwork is needed before you can turn it in, but you willbe happy once the loan comes in. Your grades are taken intoconsideration when applying for a loan as well. Although...... Similar Editorial : Student Loans by Adam Hefner. | Source : Education Loan Servicing