I would first check the regulations of your university, since it might be illegal, on the other hand you can try in just one and see how it goes. I use a mining program on mine, but don't expect to make much money. I also recommend the sites that appear here: http://www.freewebcoins.eu/
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I'm familiar with cpu/gpu mining so I know the returns would be low on the scale of the university computers. but if I was running enough, I could see some return on interest hopefully. lol