Dear Ramesch,
1. After how long after landing, we're eligible a. to take admission & b. for any funding / loan / scholarship, etc?
R-1(a): No time limit, u r eligible for admissions straightaway.
R-1(b): Not before u have developed a Credit History (minimum 3 months)*.
2. Either we should have to wait for one year to become eligible for loan or funding?
R-2. Not one yr, but after 3 months* of regular salary deposits into ur bank a/c.
*This is for the Banks & 1st line lending institutions, needing a Credit History as per Canadian system. Loans we can also get from 3rd parties at much higher interest rates.
Hope that helps.