The Rule you show really has nothing to do with the flying of the Drone and while I would advise you to stay clear of their property while doing takeoffs and landings or you will be trespassed. You can legaly fly over them. You may even film the...
They can't stop you from flying over, they can stop you from launching, landing or controlling the drone from their property. If you launch from outside campus - and have VLOS throughout the flight - you're fine.