After you have taken advantage of all other available forms of financial aid, like grants or scholarships, you may need to consider borrowing to cover remaining college costs. Borrowing money to pay for college is a serious matter, and repayment of that obligation is a major responsibility. Before applying for a student loan, be sure to examine your options with other forms of financial aid. While student loans can help you bridge the gap between educational expenses and any grants or scholarships received, you should always remember to borrow wisely. This next section will detail the loan options for available if you are considering a student loan to help pay for your college expenses.