This is real. As pointed out by Heights and Lows, the Boston College Bookstore is selling a shirt that actually has "Boston College University" on it. As much fun as I have with the BCU talk on Twitter, this is a big screwup by an official partner of BC.
If I were to sell knockoff BC gear, the school wouldn't take long to send me a cease and desist. If I wanted to be an official partner, I would pay a fortune in licensing fees. How can a group that works so directly with BC make such a screw up?