Legal rights to University project?
pg: Most universities have some kind of IP policy.  E.g. Harvard says that software you write using their money or facilities belongs to them:http://otd.harvard.edu/resources/policies/IP/In practice I've never known IP to be an issue for undergrads. So I wouldn't annoy your professors by bugging them a lot about this.You are many, many times more likely to lose because you built something people don't want than because your college sued you over IP.  So if you're going to worry about something, worry that what you're building won't seem desirable to customers.