Federal student loans for college or career school include Direct Subsidized and Unsubsidized Loans, PLUS loans, and Direct Consolidation Loans. A loan servicer is a company that we assign to handle the billing and other services on your federal student loan on our behalf, at no cost to you.NYS Loan Forgiveness Programs. Already a college graduate? Loans are funds that must be paid back within a specified period of time after the student graduates or leaves college for any reason. Private Education Loan Applicant Self-Certification Form. You can fill out a student loan application right on the lender's website. There's no cost to apply. To apply for federal loans for college, students and parents must fill out the Free Application for Federal Student Aid, or FAFSA. Find out how to apply for a student loan, including information on the Free Application for Federal Student Aid (FAFSA) and private loans.