My initial reactions to this thread was: "'Might' means nothing! Anything other than an enthusiastic 'yes!! !', or at least a 'no' with a concrete counteroffer, is a rejection." That's universally true in straight relationships; I learned it the hard way.
However, I see that you're both women. That makes me think your lady friend would be more honest and direct with you, as the Red Pill quietly praises LGBT relationships for their low conflict and manipulation rates. Which means her rejection-like statement "when things calm down at the university" does have some truth to it. Still, play it safe. Don't treat her statement as a guarantee of her contacting you. Have a tentative plan for your date with that woman if she does contact you, but keep looking for dates as actively as you were before she came into the equation.