University scholarship? (7)
I believe the answer is:
reading
I believe this is a double definition.
'university' is the first definition.
(I've seen this before)
'scholarship?' is the second definition.
(I've seen this before)
(Other definitions for reading that I've seen before include "Book" , "perusal of books" , "university town" , "red-brick uni" , "Understanding the written word" .)