[quote=@SilverPaw]
How much does the RP revolve around being students in the academy? It has a military tag but not SoL, so I assume getting to and being in the academy is more so of a starting point to get the PCs gathered in one place? Also, what kind of reputation does the Academy itself have? Are its graudates prominent figures in the world?
[/quote]

That's a correct presumption, the academy serves more as a gathering point for the PC's. The Academy itself has a pretty spotless track record outside of vying to become an independent state. The graduates vary but most end up becoming important figures in the world if they aren't already. It was/is a place that nobility happily send their second sons or their least favourite heirs to potentially become somebody that could be useful to them. 

Graduates aren't seen like Hunters in HxH though, where they're given a free pass to kill and such, but they're treated with a certain level of respect, trust and fear given the competency required to pass.

Appreciate the question and I hope that I provided some clarity!