Private company

Harvard Student Agencies

Logo: The logo may be obtained from Harvard Student Agencies ., Non-free logo, via Wikipedia3

Harvard Student Agencies, Inc. (HSA) is the largest student-run company in the world, employing more than 900 Harvard undergraduates each year, and paying more than $2M in student wages 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. Its mission is "to educate, empower, and inspire Harvard College students with meaningful employment opportunities and hands-on business experience.2 It is headquartered in Cambridge.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1957Founded1
  • HeadquartersCambridge1
  • Founded inHarvard University1
  • Websitewww.hsa.net

Harvard Student Agencies, Inc. (HSA) is the largest student-run company in the world, employing more than 900 Harvard undergraduates each year, and paying more than $2M in student wages 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. Its mission is "to educate, empower, and inspire Harvard College students with meaningful employment opportunities and hands-on business experience." Student managers lead all aspects of the operations and strategy behind HSA's 10 businesses, which range from tutoring to retail, to tours, including HSA Cleaners & Dorm Essentials (a laundry and dorm products service), and The Harvard Shop (a storefront and web retail business).2

The story

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.

Since then, the company has grown significantly over the past six decades. Let's Go publishing was the leading agency for much of the 1980s and 1990s, at one point publishing more than 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 four physical locations in the square, it aims to serve tourists, locals, and students alike. The company has also expanded organically and through acquiring startups that align with the company's mission.

In September 2021, HSA acquired Trademark Tours, the business known for its flagship “Hahvahd Tour.” Trademark Tours was founded in 2006 by then-Harvard-undergraduate Daniel Bodt, who owned and ran the business up to the acquisition.

From Wikipedia’s article on Harvard Student Agencies, shared under CC BY-SA 4.0.4

Timeline

  1. 1957Founded Founded in Harvard University1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$176.5K 2020–2020
Money received by yearMoney received by year, 2020–2020: $176.5K in all. PPP loans $176.5K.$0$50K$100K$150K$200K2020 · PPP loans: $176.5K2020
Figures by year
YearPPP loansTotal
2020$176.5K$176.5K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA5. Matched to this company by name and state.

  1. Apr 10, 2020$176.5K PPP loan (first draw) from Eastern Bank5To HARVARD STUDENT AGENCIES, INC., Cambridge MA; $177.7K forgiven Feb 12, 2021