well, i have my BFA and i now teach graphic design at a few high-end institutions. so with that in mind,
first thing i would do is to take the attitude of
immersion. you are not going to school to take some classes in GD, you are going to school to immerse yourself in GD. that means reading stuff about art, design, photography, etc.that means reading magazines like STEP, Print, Baseline, Graphis, etc... that means under no circumstances missing any lectures given by the department. it means you are a sponge and you are there to soak up as much as possible about things directly and tangentially related to design.
second, i would become as friendly as possible with your faculty, because your faculty are the people who will often help you get jobs when you graduate; they know you, they know your work, and the know the people looking to hire designers out of school and you WANT to be on the top of that list.
third, always make excellent work. and by excellent work i do not mean work that most satisfies the requirements, i mean make excellent, engaging, poetic work even if it bends the rules. the most successful students are the ones who take risks and really push the edge of their education. i have never, EVER not had a risk pay off. ever.
fourth, learn to love typography, even if you don't like it at first. i hated typography at first, now i have a type fetish. there are many, many, many mediocre graphic designers out there and a commonality between them is very often poor understanding of type.
fifth, tattoo this on your forehead: knowing software does not mean knowing design. period. however, to be an
efficient designer (not necessarily a good one) you will need to know software. subscribe to Lynda.com and learn it as quick as you can so you do not need to worry about it.
sixth, do not spend your money on xbox. do not spend you money on iTunes. do not spend your money on iPod. do not spend your money on huge bar tabs. do not spend your money on anything but condoms, travel and design books.
last, take as many classes as you can with Mookesh Patel. he knows what he is doing.