As you have asked about the features of the MS Office 365 University for windows, I am giving you information about it, check below for the details

Fully installed Office applications
Always have the latest, fully installed versions of Word, Excel, PowerPoint, OneNote, Outlook, Publisher, and Access a

Work across multiple devices
Get the fully installed Office experience on up to 2 PCs, Macs, or tablets and 2 phones (including Windows, Apple®, and Android™ devices).

Application availability and features vary by platform and device.

PC:
Office 2016 versions of Word, Excel, PowerPoint, OneNote, Outlook, Publisher, and Access
Mac:
Office 2016 versions of Word, Excel, PowerPoint, and Outlook, Office 2016 for Mac requires Mac OS X 10.10.

Windows phone:
Office Mobile applications (Word, Excel, PowerPoint, OneNote, Outlook Mail, and Outlook Calendar) require Windows 10.

Access from anywhere
Get 1 TB of OneDrive cloud storage for documents, photos, and videos, so you can edit and share them from anywhere, on all your devices.

Stay connected with Skype
Stay in touch with your friends and family around the globe with 60 monthly Skype minutes.
Use Skype minutes to call mobile phones and landlines from any device where you have Skype installed, whether it’s your mobile phone, tablet, TV, or other device.

Always up to date
You never have to worry about upgrading your Office, because you always have access to the latest Office applications, features, and services.

Microsoft support
As an Office 365 subscriber, you can get help right away from Microsoft-trained experts, by phone or chat—at no extra charge.