Thanks for all the responses everyone! We'll definitely be looking into some local help for it. I'll post up more information, like ramps, prices, payout, bb, etc. after we get everything ironed out with the university.
The tournament will be aimed at largemouth, and there will be a five fish limit. It'll be a one day, (most likely) morning tournament, depending on which lake we can have it on.
Thanks again everyone, and tight lines, especially with this cold weather!