Simplify the following text for a Grade 13 native English-speaking person.
Original: The Universityâ s official name is Julius-Maximilians-Universit Ã t WÃ 1\/4 rzburg which translates to Julius Maximilian University WÃ 1\/4 rzburg but it is commonly referred to as the University of WÃ 1\/4 rzburg .
Simplified: The Universityâ s official name is Julius-Maximilians-Universit Ã t WÃ 1\/4 rzburg ( Julius Maximilian University WÃ 1\/4 rzburg ) but it is commonly called the University of WÃ 1\/4 rzburg .