I think the most imporant thing is to enjoy the opportunity given to you. It is so easy to get caught up in the stresses of assignments, that in a blink of an eye, time will be up and the real world will be there.
My tips for students would be:
Plan a routine.
This seems obvious, however time goes so fast. Plan a time to practise. Put it in your diary or schedule like you would a doctors appointment or work. Give everything you need to do every day a time in your day and try to stick to it.
2. Plan your practise time
It is easy to sit and look at music and not achieve anything. Work out what your goal is? Then break it down into segments. If it is to learn. a new song - how long do you have to learn it. When i teach children, we break a song into 2 -4 bars sections, and learn each section, and then put each section together bit by bit. This ensures that the correct notes are being played each time.
3. Build a network
Have a network of people who will give you geniune and honest feedback. Compliments are great, however if something is not sounding right, you need someone to tell you and give you that feedback.
4. Check your Ego
Thinking you know it all wont get you very far and makes you seem unteachable. A healthy ego is good. Take on board all the feedback you receive, you never know it might make you a better artist. Have a teachable spirit.
5. Self Care
Self are is important. Everyone needs time away and music students are no different. Communication with you teachers and staff is important. Take a day off when you don't think about anything but sleeping in.
These are just a few things I came up with to survive life as a music student. There are many more though.
If you are looking for some cool music ideas. Check out Amazon. Click this link to look at the best sellers