Final answer:
The federal government of Canada is responsible for assessing Canada Student Loan applications, and students need to compare loan options as well as consider other financial aid opportunities.
Step-by-step explanation:
The level of government involved in assessing Canada Student Loan applications is the federal government. The process of applying for student loans often begins with the student filling out a requisite form to secure their "place in line" for the allocated funds. It is crucial for students to analyze and compare various student loan options, which may include both private and federal loans as well as assessing grant options. Students should also consider researching work-study program opportunities which could supplement their financial aid package.