Harvard Student Agencies

Harvard Student Agencies, Inc. (HSA) is the largest student-run company in the world, employing more than 650 Harvard undergraduates annually. Founded in 1957, HSA is a multimillion-dollar corporation that provides Harvard University students with meaningful opportunities for employment and hands-on business education. Student managers lead all aspects of the operations and strategy behind HSA's 13 businesses, which range from publishing to tutoring to bartending, including Let's Go (the leader in student travel), HSA Cleaners (a laundry and dry-cleaning service), and The Harvard Shop (a storefront and web retail business).

Harvard Student Agencies, Inc.
501(c)(3) Nonprofit
FoundedHarvard University, 1957
Headquarters
Cambridge, Massachusetts
,
United States
Subsidiaries
Websitewww.hsa.net

HSA is a 501(c)(3) nonprofit and was founded to help defray rising tuition costs while providing practical business experience for Harvard undergraduates and supplying services to the campus community. It currently pays more than $1.7M in student wages annually.

HSA is headquartered in Cambridge, Massachusetts.

History

Founding

HSA was founded in 1957 on the ideal of financing education through student employment. With Harvard's tuition on the rise, members of the Financial Aid Office were concerned that the increased cost of higher education would adversely affect the social and economic make-up of those applying to Harvard. At the same time, some ambitious students were running small-scale businesses out of their dorm rooms. John Munro, Dean of Financial Aid, assigned Dustin M. Burke, Director of Student Employment, to investigate student businesses as a possible source of financial aid and to begin developing the idea that would become Harvard Student Agencies.

Later that spring, a meeting with student managers revealed considerable interest in the idea of a corporation, and more concrete plans began to emerge. With an initial capital investment of $7,000 and the acquisition of the rights to provide the weekly linen service traditionally offered by the university, HSA was equipped to carry its corporate overhead. The remaining pieces quickly fell into place. In August 1957, the papers authorizing a new company were filed. On September 10, the new corporation's first meeting was held. On December 13, 1957, the charter was signed recognizing the six original incorporators: John Munro, Dustin Burke, Greg Stone, John Giannetti, Theodore Elliot, and Harold Rosenwald.[1]

Since then, the company has grown significantly over the past 6 decades. Let's Go publishing was the leading agency for much of the 1980s and 1990s, at one point publishing over 50 titles annually. With the recent decline in publishing travel, however, The Harvard Shop has become the largest operation for the Harvard Student Agencies. With a robust e-commerce presence as well as three physical locations in the square, it aims to serve tourists, locals, and students alike.[1] The company has expanded organically and through acquiring startups that align with the company's mission.[2]

HSA Headquarters: Burke-McCoy Hall

HSA Headquarters is located at 67 Mount Auburn Street, Cambridge MA, in the former Manter Hall School building which was built in 1927. Established in 1884, Manter Hall School helped students prepare for Harvard's entrance exams during the 1930s and offered four- and eight-hour review sessions before every major Harvard mid-term and final examination. Although enrollment reached a peak of 250 in the late 1940s, by 1994 only 19 students were registered. At this time, Robert Hall, the owner of the building and manager of the school for 57 years, turned 83 and began talking to Harvard Student Agencies. Mr. Hall came to understand the unique educational opportunities HSA afforded to students and decided to sell the property to HSA in the spring of 1994.[3]

In the summer of 1995, Robert W. McCoy (Harvard College ‘62, Harvard Business School ‘65) pledged a substantial lead gift to HSA's capital campaign. The building was dedicated as Burke-McCoy Hall on February 5, 1997, and the dream of a permanent home for HSA was a reality.[4] The building was named in honor of Dustin M. Burke, the first General Manager of HSA (1957-1970); Hester Bell McCoy, who joined HSA in 1961 as the company's secretary; and Robert McCoy, Manager of Europe-by-Car, Assistant General Manager to Dusty Burke, and Let's Go business manager upon his graduation from business school.

HSA currently occupies the top three floors and basement of Burke-McCoy Hall. Bank of America, Zambrero, and HSA Cleaners occupy the retail level of Burke-McCoy Hall. Behind the building, enough space exists to accommodate construction of a substantial annex for future expansion. A recent partnership with CS50, the introductory computer science course with one of the largest enrollments at Harvard, has opened the fourth floor to hosting office hours for students and teaching fellows to meet and congregate. This additional option was created in response to increasing demand for office hours as a result of the size of the course, as well the offer more flexible office hours to fit the wide range of schedules from students taking the class. The partnership also seeks to give students the option to pursue projects related services for students, with room for collaboration with Harvard Student Agencies beyond the one semester course.[5]

HSA also has three locations of The Harvard Shop in Harvard Square at 52 JFK Street, 65 Mt. Auburn Street and 34 JFK Street.

Notable alumni

Because Harvard Student Agencies employees are all students when working for the company, many of its alumni have gone on to distinguished careers in various sectors.

References
  1. "History". Harvard Student Agencies. Retrieved 29 June 2017.
  2. "There's an Agency for That - Magazine - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  3. "HSA Finds Permanent Location In Square - News - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  4. "HSA, Let's Go Move To 67 Mt. Auburn St. - News - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  5. "CS50 Expands Office Hour Locations to HSA - News - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  6. "Larry Cheng". Volition Capital. Retrieved 29 June 2017.
  7. "I Choose Harvard: Michael F. Cronin '75, MBA '77 - Stories - Harvard Alumni". Alumni.harvard.edu. Retrieved 29 June 2017.
  8. "Archer Elected President of HSA; Perry Hails Improved Public Image - News - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  9. "Our History - Let's Go: The Leader in Student Travel". www.letsgo.com. Archived from the original on 2017-06-19. Retrieved 29 June 2017.
  10. "AMCHAM" (PDF). www.amcham-shanghai.org. Retrieved 29 June 2017.
  12. "Governor's Mansion Not the Last Stop on Patrick's Path, Classmates Say - News - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  13. "Deval L. Patrick Named 2015 Commencement Speaker". Harvardmagazine.com. 23 February 2015. Retrieved 29 June 2017.
  15. "Harvard Student Agencies - News - The Harvard Crimson". www.thecrimson.com. Retrieved 29 June 2017.
  17. "Andrea Silbert - Alumni - Harvard Business School". Alumni.hbs.edu. Retrieved 29 June 2017.
  18. "Alumni Achievement Awards 2000: Thomas G. Stemberg". Hbswk.hbs.edu. Retrieved 29 June 2017.
  19. "Catherine Turco - Faculty - MIT Sloan School of Management". Mitsloan.mit.edu. Retrieved 29 June 2017.
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