It is exciting to try to optimize every avenue you can when you have a clear FI goal in mind, but this is not worth it. In fact, it's also not allowed. You might want to *triple* check, but if it is a government student loan it has to be used for school-related and living costs. That's what I know of it at least. It's hard for the government to prove that's directly what you used the money for, but I don't think it's worth the risk.
For those that say roll it into TFSA and RSP, it's not a scholarship, this money will need to be paid back. For those that say 'use it as an emergency fund after you graduate' - no, it's not an emergency fund if you're paying interest on it. In fact you'd be better off having a line of credit as a pseudo Emerg Fund because at least you'd only pay interest on money you used rather than 3.5% on everything.
In the grand scheme of things it simply won't be worth it, we're only talking about a few grand here, in fact it's more like a few percent of a few grand (10 - 3.5%), for a few years. I say you already hold the most valuable asset - time - and you clearly know the magic of compounding, so you'll be fine.