By the way, it occurs to me that you guys might have some branding problems. After all, UofL is already Louisville, and UL is firmly established as Underwriters Laboratories. That’s why everyone wants to toss in that extra “L”.
Now, you might be able to make some progress at the latter, but may I suggest a simpler solution? Yes, a straightforward “Louisiana” works, but it has too many syllables for lots of purposes.
However, Mississippi has the exact same problem, but they wiggle around it. So might I suggest that if “Ole Miss“ works for them, that your school try something similar? Not to be presumptuous, but something simple and direct like “Sweet Lou” might work very well.
But you Ragin’ Cajuns know the character, the true soul of your school far better than I do, so good luck!