studastinating, v. the act of avoiding legitimate studying through creating, collecting, and/or organizing inordinately elaborate study materials with the eventual, unrealistic goal of reviewing said materials before an exam, essay, and/or final project.
Piper: Wow! That giant stack of notecards is really impressive! They're so neat and colorful!
Gail: Thanks, they're for my Math 114 quiz next week.
Piper: Don't you have a Bio 312 exam tomorrow?
Gail: Yeah... I'm studastinating hard core right now.