How can the process of studying something intensively be described in one word?
The closest I can think of is cramming, but that has connotations of not actually caring about the subject in question, trying to do the least sufficient amount of work. Even though most people indeed tend to study hard in this fashion, it is also possible to be deeply interested in the subject, striving to understand and internalize all the details.
Example:
The amount of knowledge that had become available to him was astounding, and he spent almost all of his free time [studying hard] in the university library.