Busy, even at university! (4,2)
I believe the answer is:
tied up
'busy' is the definition.
('tied up' can be similar in meaning to 'busy')
'even at university' is the wordplay.
'even' becomes 'tied' ('tied' can be a synonym of 'even').
'at university' becomes 'up'.
'tied'+'up'='TIED UP'
(Other definitions for tied up that I've seen before include "Secured; engaged" , "Thus prisoner may be kept" , "busy" .)