Canada student loans are issued by Canadian government and are only issued to Canadian students. These loans are very helpful to Canadian students and make it easy for the students to get better education within Canada. Although, in some cases these loans might be available to immigrants to Canada but this does not mean that any non-Canadian student can get these loans easily.
Canada student loan is also available to Canadian students who are willing to move abroad for higher studies. If you are willing to get student loan in Canada then you need to look for the government organization, The Human Resources and Social Development of Canada. This is the organization which is responsible for providing Canada student loan to the Canadian students.
One cannot ignore the fact that today there is a high demand of student loan in Canada and this is the reason why each Canadian province has its personal financial aid office for providing loan to the students. Today few banks and many financial institutions in Canada are also providing funded student loans so as to make it easy for every student get the pleasure of acquiring loan in Canada.
Although, there is no harm in going for private loans but when going for it make sure you are going through its terms and conditions so as to get everything clear before-hand. It is often seen that private loans tend to charge higher interest rate than any government loans.
If you are planning to go for student loan in Canada but are just worried about the high interest rate then it is the time to research a bit and look for some specific designed Canadian student loan that are designed for some specific group of students so as to make these loans available to them at least interest rate.