If you have Facebook.  You can use facebook's application called Kanji Box.  
Its really great, easy, and free.   There is 3 modes for studying;  kana, kanji, vocab.  Vocab is for multi-kanji words like, Daigaku.  See link.
http://img291.imageshack.us/img291/8877/kangjizo5.jpg
When you get one right. It gives an example.  (BTW the ones in black are the ones my mouse is over.)
http://img516.imageshack.us/img516/5018/kanjizv4.jpg
When you get one wrong. It gives you the two wrong words.
When you are studying, you can choose word sets.  The sets are the kanji from grades 1-8 or the JLPT 1-4.