Eesh, I would hate to say no problem not knowing the area personally so hopefully other BF members from the area can weigh in. Post a link to google maps of your route, it may help.

With that being said, what would you normally do to get to school? Public transpo? If you have the bus to help out I say go for it without question. The reason I say this is that if it is early in the morning or early evening (light out) you should not have much of a problem. If you are on campus studying late, then you would have to worry a little bit. However, if you have the bus as on option and get caught on campus late at night, you can simply take the bus as a last resort. If you decide to do that you better make sure your bike will be safe overnight. Will it be? Two U-locks with cables for components in a well lit/public area should do the trick.

Beyond that you need only worry about safety on the bike which is mostly a question of awareness. That solves 99% of issues, mace for the other 1%.

More details are needed to say yes/no.