You can study online for free in several ways. Here are some resources to get you started:

Free Video Training Course - 35 lessons about 6 hours total.
http://www.amateurradio.com/courses/technician/

Free Study Guide
http://www.kb6nu.com/wp-content/uploads/2010/06/2010_Tech_Study_Guide.pdf

Entire Question Pool Without The Answers
http://www.ncvec.org/downloads/Revised%20Element%202.Pdf

Question Pool With The Correct Answers
http://hamelmer.com/Assets/Docs/Tech/2010%20Element%202%20Compact%20QandA.pdf

Online Flashcards
http://hamexam.org/flash_cards/9-Technician

Online Quizzes
http://hamexam.org/
http://www.qrz.com/hamtest/
http://www.eham.net/exams/
http://aa9pw.com/radio/technician/

How Can I Become A Ham? FAQ
http://www.clarc.org/index.php?option=com_content&view=article&id=87:how-can-i-become-a-ham&catid=7:examples&Itemid=233

Click here for testing dates and locations:http://www.arrl.org/find-an-amateur-radio-license-exam-session