This story made me think of the Pagemaster, and in a good way. It’s very charming. The Library of Dreams, Owen the Owl, Reyna and the other Ravens; it’s all very warm and welcoming. It’s a creative approach to the story.
I would have liked more in the story for sure: more showing the protagonist’s dream and the context surrounding it for instance. And when the protagonist so quickly after starting to talk about all the sleep and study issues, it seemed sudden. That could easily be fixed with more build-up narration, showing more agitation and such before it happens.
This was easy to follow and very pleasant as a read. Dare I say, it’s cute even. And I really like how the dreams are portrayed in general, including the way decay and such occurs.