The news hails from the Harvard Gazette, which describes a partnership that essentially tacks an official Harvard-specific game with a special collegiate badge on the existing Foursquare functionality and purpose.
The primary idea behind the collaboration is to encourage students to connect more with friends and professors through location-based game play, as well as to inspire campus visitors to explore the grounds and uncover tips or share to-dos.
If you think about it, tapping into the hyper-local university scene is brilliant. Think about freshman still trying to acclimate to a new campus. They can use the app and game to uncover the university hot spots, find the best social gatherings (maybe even a great kegger), bond with their peers and actually learn a thing or two about social media in real-life context. We think it's genius.
For another look at a university getting creative with Foursquare, check out what UNC Charlotte is playing with.