It depends on your Uni's policy.
My campus only acted when letters were sent to them. Whereas others like to close down your privileges upon noticing any p2p activity.
Take a look at your policy and decide if risking it is worth it, if for example you have a 3 strikes policy.
You could look into a VPN service if you plan on doing a lot of torrenting (a must if you download popular western shows), but I found that using a seedbox supplier with it's provided proxy service sufficient.
It is worth noting that anime torrents are under much less risk of being monitored by money grabbing gits, but it's still there.
OR...
Use IRC to download from XDCC bots, majority of fansubbers provide them. This is the safest and cheapest way imo.