### Clue: Not a sort of dreamy movement set up in Oxford college (6)
### Answer: MERTON 
 ### Explanation: Definition: Oxford college
 **Reversal of**(… set up, in a down clue) [ NOT + REM(abbrev. for "rapid eye movement", a phase/sort of sleep characterised by rapid eye movements, during which you might have intense dreams,) ].
Defn: …, part of Oxford University.