Textbooks used in schools, colleges and universities are under high cost according to the market studies made in different parts of the world. In the past two decades the price of the textbooks has gradually gone up. A special textbook rental program has been introduced in various colleges, schools and universities for making helpful for student, publishers and faculty. This program basically helps out to needs of each student for their research works. In today world mostly all the schools, colleges and universities around the world offer textbook rental service inside the campus and outside the campus. A survey has been conducted inside the schools, colleges and universities about rent textbook to student. It shows that rent college textbooks are cost wise much cheaper than buying a textbook. A mandatory rental fees is been taken from the operating cost of the textbooks from the students. Textbook rentals help to reduce financial burden for the students and families from the cost price of the textbook. This service should be implemented in every schools, colleges and universities; they will need a support from the students, faculty and publishers. In short textbook rental provide a valuable and economical alternative to the high cost of purchasing textbooks.