What I love about the university setting for film is that students truly have fun with the medium, bringing to their projects a playfulness and energy that transcends, often enough, the lack of polish in their early efforts. And when this is combined with first-class facilities (to the point that Pixar comes to recruit at BYU ahead of other places, I have heard), and is led by enthusiastic and accommodating faculty, then little pieces of magic start to happen.
Episode 210 of the First Look series on BYU-TV (one of two devoted to animated student films), includes four films that represent the evolution of animation at BYU into what is now a full-fledged program at the university garnering regular awards (See a list of all their films at their BYU website).