Can we optimize and other query of this query?

CREATE TABLE College
(
    CollegeId INT IDENTITY(1, 1)
   ,CollegeName VARCHAR(20)
   ,CONSTRAINT PK_College_CollegeId
        PRIMARY KEY (CollegeId)
)

CREATE TABLE Faculty
(
    CollegeId INT
   ,FacultyName VARCHAR(20)
   ,CONSTRAINT FK_College_Faculty_CollegeId
        FOREIGN KEY (CollegeId)
        REFERENCES College (CollegeId)
)

CREATE TABLE Student
(
    CollegeId INT
   ,StudentName VARCHAR(20)
   ,CONSTRAINT FK_College_Student_CollegeId
        FOREIGN KEY (CollegeId)
        REFERENCES College (CollegeId)
)

INSERT INTO College
VALUES
('A')
,('B')
,('C')

INSERT INTO Faculty
VALUES
(1, 'aaa')
,(1, 'bbb')
,(2, 'ccc')
,(2, 'ddd')

INSERT INTO Student
VALUES
(1, 'xxx')
,(1, 'yyy')
,(1, 'zzz')
,(2, 'www')

SELECT * FROM College
SELECT * FROM Faculty
SELECT * FROM Student

<pre>CollegeId
CollegeName FacultyName StudentName
1 A aaa xxx
1 A bbb yyy
1 A NULL zzz
2 B ccc www
2 B ddd NULL
3 C NULL NULL

SELECT COALESCE(cf.CollegeId,cs.CollegeId) AS CollegeId,
	   COALESCE(cf.CollegeName,cs.CollegeName) AS CollegeName,
	   cf.FacultyName,
	   cs.StudentName
FROM
	(SELECT c.CollegeId,
			c.CollegeName,
			f.FacultyName,
			ROW_NUMBER () OVER (PARTITION BY f.CollegeId ORDER BY f.CollegeId) AS row_num
	FROM College c FULL JOIN 
		 Faculty f ON c.CollegeId = f.CollegeId)cf FULL JOIN 
	(SELECT c.CollegeId,
			c.CollegeName,
			s.StudentName, 
			ROW_NUMBER () OVER (PARTITION BY s.CollegeId ORDER BY s.CollegeId) AS row_num
	FROM College c FULL JOIN 
		 Student s ON c.CollegeId = s.CollegeId)cs ON cf.row_num = cs.row_num AND 
													  cf.CollegeId = cs.CollegeId 
ORDER BY COALESCE(cf.CollegeId,cs.CollegeId)