When I worked for my IT department at my University, they used a system called Packeteer. The device sits between the core router and the routers to the various student networks. The sole purpose of this device is to throttle bandwidth to non-essential services and restrict access at certain times by reading the packet information. For normal HTTP traffic, things were pretty fast. For file sharing apps, IF you connected, it was slow. Unfortunately, there is no bypass to these systems as they are hardware sitting between you and the internet. Since there is no other way to the internet except through that device, you're out of luck on your university network.