Pledge company millions will go to university (6)
I believe the answer is:
commit
'pledge' is the definition.
(I've seen this in another clue)
'company millions will go to university' is the wordplay.
'company' becomes 'comm' (I can't justify this - if you can you should believe this answer much more).
'millions' becomes 'm' (abbreviation).
'will go' suggests deleting specific letters.
'to university' becomes 'MIT' (Massachusetts Institute of Technology).
'mit' with 'm' taken out is 'it'.
'comm'+'it'='COMMIT'
Can you help me to learn more?
(Other definitions for commit that I've seen before include "Send for trial" , "Entrust; perpetrate" , "Perpetrate - promise - put away" , "Entrust; pledge (oneself)" , "Perpetrate, carry out (a crime)" .)