Student Loan for MBA - Alberta or Ontario?

[askme]

Hi all

I plan to start my MBA soon. I wanted to know the process for getting a student loan from the govt.

Background:
I landed in Edmonton in Apr 2013 got my license, bank account, etc. done from there. Spent just a month and went back to my home country.
I came back in Sept 2013, and landed in Toronto, and have been living here since then. Only got the address on my bank account changed to my Toronto address. I will start my MBA either in BC or Ontario.

Request:
1) So now when applying for the provincial loan, who should I apply to - Alberta or Ontario?
2) Do the loan terms vary between these 2 provinces i.e. is it better I apply for the Ontario provincial loan for example because they give more bursaries?
3) Does any one have any suggestions on how to get need-based scholarships/bursaries from government?

Thanks in advance for your help and God bless.

 

[scylla]

1) Since your residential address is in Ontario you would have to apply through the Ontario program (OSAP). You should look into the OSAP rules as soon as you can. I believe there is a one year residency requirement to qualify (however I also believe this one year is waived under certain conditions).
2) I can't answer this question. But again, I believe the Ontario program is your only option. You can't chose between Alberta and Ontario.
3) The government no longer offers bursaries - only loans through banks. If you are interested in scholarships/bursaries - then you should be working with the university you are going to be attending to see what they may be able to provide.