Crossword Genius

One Greek character or another abandoning university after end of course (7)

Ross

I believe the answer is:

epsilon

'one greek character' is the definition.
(letter from the Greek alphabet)

I cannot understand how the remainder of the clue works.

(Other definitions for epsilon that I've seen before include "Foreign character" , "One's lip (anag)" , "Fifth brightest star in a constellation" , "Fifth letter of the Greek alphabet" , "5th letter of the Greek alphabet" .)

I've seen this clue in The Times.
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