Congradulations on getting to the bottom of this one 
Some people are a little gullibel.
Just for your interest: The word “university” comes from Latin “universitas,” which was a form of private association. The first law school which developed in Bologna in the 1100s used this term for themselves; it grew out of a system of students organizing themselves and hiring scholars to teach them Roman law.
-itas is a very common suffix for Latin nouns. In English, it ended up as ity, in French as -ité, in Italian -ità, in Spanish -idad, in Portuguese -idade and in German -ität. In these languages, you can transform most of Latin nouns ending in -itas into the coresponding word by replacing the suffix with the respective language’s one (“city” in English and “cité” in French have been somewhat shortened as compared to classic Latin"civitas").