Is it good to apply for studdent loan from more then 1 company?

I applied for wachovia student loan. Its pending approval. I want to apply for more but im scared if i get accepted by wachovia i will have to pay not only wachovia but the other company as well because i filled out both and signed it.
you guys are not answering the question

Student loans have inflation level repayments.

If you have too much money put it in an ISA or bond that matures in a few years. You’ll end up making a money off it.

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