In September 2004 in honour of the 350th anniversary of Kharkiv foundation the Cultural and Educational Centre of «Palace of Students» of Yaroslav the
In 2004 under the agreement with the Ministry of Education and Science of Ukraine and Ministry of Culture and Arts of Ukraine on the basis of the Palace of Students the unique professional Theatre Studio with wide genre orientation was established.
The main objectives of the Palace of Students in general are to satisfy and form spiritual needs of students and staff of the Academy, students of other higher educational institutions, to cherish and develop general educational and national cultural traditions, to familiarize audiences in Ukraine and abroad with them, to create conditions for development of creative potential and professional skills of students.
The General director and Creative director is Kostiantyn Kostiantynovych Sherdits.
The General producer of the Palace of Students is Igor Leonidovych Galenko.