[ksaj]

Probably the same, but in Canada, a lot of our Universities have "embedded" colleges. For example, York University has Glendon College which is a French school, and quite a few other colleges under the York umbrella. University of Western Ontario has Elborn College (among a couple others) and 3 university colleges.

I think it is probably very common for Universities to have college faculties. They also often have Halls, Lodges, Schools, and so on, under the main University umbrella.