Collage is a great time, full of lot's of new things, new friends, and many learning experiences. With all this comes additional stress, and for some, anxiety. Sure, the party scene will be there. Peer preasure, late nights, and screwed up meal times. Back in the early 80's, I was attending the other CIA, "Culinary Institute of America" Sometimes refered to as "The Boot Camp for chefs". Crazy schedules, lot's of studying, and oh yes, the party life was wild. My only strong suggestion for you is, Don't let your diabetes stop you from doing what you want to, but be careful. Watch your sugurs, be prepared for lows, and don't keep your diabetes a secret. College friends will last a life time, and good friends are there for you when you need them.
Unfortunatly, I had 1 bad low while waiting in a meal line at 6am one day. I ended up in a hospitol with 2 compression fractures in my back, and this slowed me down for almost 18 months. I was over anxious with a new place, and surroundings, so I missed the symptoms of the low. All turned out great. I graduated, and have excelled in the foodservice industry since.
Stay in tune with how you feel, watch your sugurs, and be cautious with trying to be to close to a normal BS. There were no pumps back then, and blood meters were considered cutting edge, and new. I cannot imagine how things would have been for me back then, if I had been able to use an insulin pump. If you do consider a pump. Work hard at getting started early summer, so you can get used to having one, and not have another crticle new life changer at the same time you embark on your newest college chapter in life.
Drinking in moderation is the key. Beer and or wine, or mixed drinks with diet mixer would be best. Alcohol in general for a diabetic is not a good thing, but I never let that slow me down back then. Today I chooese tostay away from the drink.
Have the time of your life Nick!