Looks clean, navigation is simple and it's quick. Yes the font shows, on my pc anyway. You may want to make it a graphic to make sure across the board. I think if you had the gold seal in a larger version it would look better than the black and white. The only thing that I don't care for is the bright red.[&o] But that's just me.[;)]
The design is good. Simple and not distractingly complex. Colours are good. Are these the colours of the college? You don't need another image on the right to balance things out. It would only help make it look busy. Navigation doesn't get any easier than what you have. It loaded fast on my adsl. Suggestion: make the link to the main campus open in another window. That will keep people on your site longer.