Can I borrow money from a bank to apply for study permit and pay my studies (first year only)?
That will be taking an educational loan and you need to show a letter from the bank showing the details concerning the loan and it should amount to cover both your tuition fees and living expenses
On the other hand, if you taking a loan to put into your bank account in order to get a bank statement, it shouldn't be deposited once but at intervals otherwise the VO would eventually know its a borrowed money which might lead to a refusal
..not just for the first year only but you have to plan also for the subsequent year, I guess maybe you've a plan B laid down