Welcome to Winnipeg.
A little bit of shameless self promotion here, but it's relevant. Check out a book I put out last year (my photographs and the words of local journalist Bartley Kives) Stuck in the Middle: Dissenting Views of Winnipeg.
http://winnipeglovehate.com/stuck-mi...iews-winnipeg/
It provides a good overview of some of the planning problems the city has faced over the years, as well as some interesting historical nuggets. And the photos are nice too.
You can see more Winnipeg photos at the above site.
Having bit a student at the Faculty of Architecture, I know how much time you're going to be spending on campus, and the crazy hours that you're going to be keeping. A lot of my classmates rented apartments close to the University. Not great neighborhoods from an urbanist's point of view, but very convenient from a student's point of view. If you're okay with the long bus rides, then Osborne Village, Corydon, The Exchange District (and Downtown in general) are definitely where you want to be. West Broadway and much of the West End are great too. Sure, there are blocks here and there that are a little sketchy, but if you've spent a fair amount of time in the East Hastings area, comparable areas in Winnipeg will seem like Disneyland.
Not sure if anyone else has mentioned, but summer in Winnipeg is pretty amazing. The festivals are non-stop, and they're good. The Jazz Festival, The Fringe Festival, and The Folk Festival are some of the highlights. All worth checking out.