Student finance loans are loans that are designed to help a student finance his or hers education. Most loans will cover tuition, books and living costs. There are many different types of loans and repayment options so be sure to look into all of the different types of financial loans there are. Loans to help finance a college education for students is a very common practice. Many parents and student can’t afford to pay for their entire education by themselves so they turn to lenders to help them get through their college education.