However, it's a stupid idea.
Yep, UTS logs bandwidth (I know because a friend once downloaded about 4Gb in a day and they said they'd cut off his access for the month if he downloaded much more), so torrenting/downloading anything substantial will not work more than once. That, and if you download anything copyrighted, it will be linked to your name, and UTS is likely to:
1) Cancel your account; or, if for whatever reason they're blamed for downloading
2) Expel you from the university.
Of course, smaller downloads are OKAY, and even some larger ones are fine IF you can get torrents working, as long as they're legit (normal downloads work fine as is). You might get a slap on the wrist, but eh. That said, there's no reason p2p would be allowed anyway. WPA != unrestricted access. VERY easy to port block (or even protocol block).