$330,000 in debt is way, way too much. There is no way that you should even consider taking on this much debt. You just cannot do it. It is exceptionally unlikely that anyone would even lend you this much money.
The University of Guelph is a very good university in an attractive location. $120,000 is still a lot of money. Do you have any realistic way to pay for your education at the U. of Guelph?