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If you're studying full-time on a relevant course, you can join the SfEP as a 'student Entry-Level Member' without having to pay the usual processing fee.
You must be taking a specifically publishing-related course or hoping to use your degree subject – for example, law, science, languages – as a specialism in editorial work. (Please note that individuals taking one-day, part-time or distance-learning courses do not qualify, and if your course is self-structured please supply full details.)
On the online joining form, you'll be asked to give the name of the institution at which you're studying and your graduation year. You'll have to pay the processing fee but, once your course has been approved as qualifying, the fee will be reimbursed.