Hi Rachy and Welcome. Congratulations on University!
I'd say it is always a good idea to only undertake significant changes to your regime after consultation with your health care professionals.
Right off it is very likely (depending on how you eat now) that your insulin needs will go down -- but I'm guessing you already knew that
Are you comfortable adjusting your own insulin or do you usually rely on your Doctor to advise on that?
My understanding is that: although the body does need Glucose (mostly for the brain and central nervous system) it can make all it needs from dietary Protein so theoretically at least we don't
need to eat any carbs BUT a zero-carb diet is impractical and unnecessary. You can stay well nourished on good quality, real whole foods with a natural balance of carbs, fats and proteins, that are naturally low in added sugars, while avoiding refined/processed/concentrated carbohydrates. Don't forget to consider starchy foods like potatoes along with sugar.
You might be interested to read Dr Richard K. Bernstein's "Diabetes Solution... he is a long-time Type 1 himself and favours a diet very low in carbohydrates for his patients. Some find his diet a little extreme but you can still borrow some of his ideas without following it to the letter.
Several chapters are available free online:
http://www.diabetes-book.com/readit.shtml
Good luck!