In Europe you can find several 'student' tournaments called ISBT's.

Let me give you a short explanation of this type of tournaments;


International Student Badminton Tournament (ISBT) is a badminton tournament organised for students, by students. They take place all over Europe, in countries including Austria, England, France, Germany, Ireland, The Netherlands, Norway, Poland, Russia and Scotland. ISBTs promote both the sport of badminton and the social aspect of the game.
ISBTs are open to all standards of player. Many of the student tournaments allow recent graduates to enter under their former clubs or as graduate teams. The players are divided into 4 categories - A (national to top regional standard), B (regional to top club standard), C (club standard) and D (recreational standard). Each player competes in two out of the three disciplines: singles, doubles and mixed doubles. Each match consists of 2 games, so that the result is either a 2-0 win, 0-2 loss or 1-1 draw.
The tournaments are usually 3 to 4 days long and consist of playing badminton during the day and partying at night. Competitors often sleep in the same sports hall where the matches are played and are typically woken up in the morning to the sound of themed music and announcements of the first match of the day. In the UK and Ireland, accommodation is arranged by the teams themselves. ISBTs are almost always themed, with a fancy dress party on the last night.

No knock-out, every participant plays an equal amount of matches every day, according to the Swiss Ladder System.

The 'Swiss ladder' system is used to rank the players. This means that players compete against others who have had similar results in previous games. A player does not normally play the same opposition twice. After the last round has been played either the player at the top of the table is the named the winner, or there is a play-off between the top two pairs of the division. Players do not enter with a set partner. Each player will be allocated a partner at random from the same section they have entered. This is to even out each section and also highlight the social aspects of these tournaments.

I would like to know if there are similar tournaments in the US to participate as members off a (University) badminton club located in Europe.

There are possibilties to use to current tournamentsoftware (isbtplanner.com) to organize the whole event.