My school is known for having one of the best theatre, music, business, and law departments in the country.
Unfortunately, the rest of the academic areas are less than desirable, so it's a good thing 95% of my classes are in the music department or else I'd get bored really quick
Oh yeah, and we USED to be known for an awesome basketball team
EDIT: Forgot, we're also rated by some review (I think USA Today or something) as having the happiest students and as being one of the most welcoming to diversity.