The University of Chile emblem consists simply of a dark blue cloth with the university shield in the center. This flag is recognized as official by the Statutes of the University. Web image (two photos of the some halls).
There is also a sports emblem, with the sporting logo called El Chuncho (I could not find in the Web images of this emblem, so I doubt its existence and/or its official character). Sergio Arenas, 15 August 2006
The graphic needs to be ammended, since the CoA is smaller as seen in the following images (source: [broken links] http://www.consejoderectores.cl/jornadas_internacionales/galeria.php):
- http://www.consejoderectores.cl/jornadas_internacionales/galeria/20150930/04.jpg Esteban Rivera, 5 April 2016
University of Chile (Spanish: Universidad de Chile) is a prestigious national and public university located in Santiago of Chile. It was founded in November 19 1842 and inaugurated in September 17 1843. It is the oldest and most prestigious in the country. It was established as the continuation of the former colonial Royal University of San Felipe (1738)  (Spanish: Real Universidad de San Felipe) Esteban Rivera, 5 April 2016 Source: https://en.wikipedia.org/wiki/University_of_Chile