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A university is an institution of higher education and research, which grants academic degrees at all levels (bachelor, master, and doctorate) in a variety of subjects. A university provides both tertiary and quaternary education. The word university is derived from the Latin universitas magistrorum et scholarium, roughly meaning "community of masters and scholars".
College (Latin collegium) is a term most often used today to denote an educational institution. More broadly, it can be the name of any group of colleagues (see for example electoral college, College of Arms). Originally it meant a group of people living together under a common set of rules (con-, "together" + leg-, "law"); indeed, some colleges call their members "fellows".... more
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