So basically, if I continue then I will go to hell. or Jail. (Or both) ?
My reasoning is that I pay for the usage of these facilities and as long as I do not break or damage them then I am okay?
The thing is, even some of the lecturers use these labs for mass downloading/torrenting and thus we are also allowed to use the labs for torrenting and downloading. What is the difference between shooting up the bandwidth bill than shooting up the electricity bill?
So you're already doing it?
It's a lucrative but risky business. You can ruin your career easily doing that, and no judge would believe you can possibly be stupid enough to think you were doing nothing wrong, in case you challenge your expulsion.
You can also get away with it, but it's unlikely as it will show clearly in the bills.