*****Need Info About Bridge Study permit*****

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I need urgent help!!!
I will be completing my course by Aug 25 but my study permit expires by Aug 31. Since my course ends by aug 25 I will get the official letter from my college; say by first week of September. When I met the international office in my college they gave me a solution to this and I found out couple of more.I want your advice by telling me which option is best!!!!! *****note right now I am doing 4 courses in my final semester of 2year program
1.Apply a bridge study permit(advice by my college)
2.Change my program to 3year which is just a extension of my 2year course and apply For extension(advice by my friends)
Your help will be greatly appreciated...

Does anyone know more about the bridge study permit?


Thank you
Varun