It makes sense that an organization investigating the whole of spiritual conceptualizing within its network might be termed a university as it encompasses the whole scope of spiritual conceptualization.
In the academic community a university has subsidiary colleges or academies within their structure for the purpose of more targeted focus on particular areas of studies.
The word college denotes any corporate group. In the academic sense, colleges operated within universities. A college would typically focus upon a limited field of study, e.g. a college of medicine within a university system.
The word academy was the name of Plato's gymnasium where he sought to build the mind AND the body. The word has come to indicate any school or training place for arts and sciences or higher learning. An academy might also be a stand alone subsidiary of a university limiting itself to a specific field.
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