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" .)

I've seen this clue in The Sun.

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