If a university fielded team won challengers. Like Winthrop or Maryville for example, would they just be promoted like any other team?
The university would technically be the org I would assume. They'd probably have to asses if they can financially enter T1, if they can then they'd be T1. As for the players, if the player is graduating it's unlucky for them. They would have to keep at least 3 of the core players if I'm not mistaken. If the university decides they can't enter the team into T1, the team would probably just look to get signed by an org. (Not an actual answer just my guess)