In this way university gets a bit of money from France (3)
I believe the answer is:
sou
'money from france' is the definition.
'sou' can be an answer for 'money' (I've seen this before). I am not sure about the 'from france' bit.
'in this way university gets a bit of' is the wordplay.
'in' indicates putting letters inside.
'this way' becomes 's' (Compass direction - South).
'university' becomes 'U' (abbreviation for university).
'gets' says to put letters next to each other.
'a bit' suggests taking the first letters (I've seen 'a bit of' mean this).
The first letter of 'of' is 'o'.
's'+'u'='su'
'su' enclosing 'o' is 'SOU'.
Can you help me to learn more?
(Other definitions for sou that I've seen before include "Something of little worth" , "Old Fr. coin; sounds like entreat" , "Old French small coin" , "Five-centime piece" , "Little money once" .)