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All day parking leeds
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ODP?
I recommend catching the train. Trains are regular between Manchester and Leeds and definitely quicker than driving at rush hour, then there's a free bus outside the train station that takes you up to the University - or it's not that much of a walk really. I think you'll find driving between Manchester and Leeds tiresome. Have you considered renting a place in Leeds? It may be more cost effective.
As for free parking, get there soon enough (not sure how early, probably 6-7am, but that way you'd avoid the traffic too and have a few hours to find breakfast and be studious
) and you'll probably get a space around here http://maps.google.co.uk/maps?f=q&hl=en&geocode=&q=university+of+leeds&sll=53.798256,-1.522683&sspn=0.006704,0.006566&ie=UTF8&ll=53.807079,-1.558573&spn=0.003351,0.003283&t=h&z=18 or on Clarendon Road next to the University for free. You may end up blocked in though with a high risk of dings.
As for cheap parking if you drive around long enough you'll find big "ALL DAY PARKING ONLY £x.00" signs. There's some not far from the train station and I think there are one or two not far from the University around Regent Street. Here's one place I managed to find. http://maps.google.co.uk/maps?num=20&hl=en&safe=off&client=firefox-a&rls=org.mozilla:en-US:official&hs=mHn&um=1&ie=UTF-8&q=parking+regent+street+leeds&fb=1&view=text&latlng=67734420661912393120
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