Crossword Genius

See you accepting university cost (5)

Ross

I believe the answer is:

value

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'cost' is the definition.
(I've seen this before)

'see you accepting university' is the wordplay.
'see you' becomes 'vale' (I can't explain this - if you can you should believe this answer much more).
'accepting' indicates putting letters inside (inserted letters are accepted).
'university' becomes 'U' (abbreviation for university).
'vale' going around 'u' is 'VALUE'.

Can you help me to learn more?

(Other definitions for value that I've seen before include "Importance, worth or usefulness" , "Precise meaning" , "Appreciate" , "Monetary worth" , "Intrinsic goodness" .)

I've seen this clue in The Telegraph.
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