At university time for the latest news (6)
I believe the answer is:
update
'the latest news' is the definition.
(I've seen this before)
'at university time' is the wordplay.
'at university' becomes 'up'.
'time' becomes 'date' (date is a kind of time**).
'up'+'date'='UPDATE'
'for' acts as a link.
(Other definitions for update that I've seen before include "Modernise, modify" , "Correct - modernise" , "Latest news" , "Latest information" , "Something fresh" .)