Crossword Genius

Graduate from university in Manali, prepared to leave institute (6)

Ross

I believe the answer is:

alumna

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'graduate' is the definition.
(synonyms)

I don't understand the rest of the clue.

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(Other definitions for alumna that I've seen before include "Harvard graduate" , "Female former pupil" , "Manual (anag) - old girl" , "Female graduate" , "She studied" .)

I've seen this clue in The Hindu.
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