Just wondering if there are services on-campus to borrow recording equipment like camcorders, tripods, cameras, etc. things of that sort?
If so, can these things be borrowed or do they need to be rented at a fee?
Lastly, do they care if these things are used for school or for personal usage?

Any help's greatly appreciated, thanks!

At the moment, there aren't really these services available.

I know MM students can borrow some of the above things you mentioned...but...if you're not in MM that doesn't help you.

I have some belief though that you can borrow DSLRs...I'm just unsure as to from who...

Many retail stores, ex. Henrys allows you to rent equipment for a fee.