UBC president Stephen Toope made the promise at the release of a report into the singing of a chant promoting non-consensual sex with minors at a student orientation earlier this month.
He said in addition, the Commerce Undergraduate Society will have to make a $250,000 donation to fund a position to provide counselling on sexual abuse, and to make a public apology for the chant. Also, all CUS frosh leaders will have to do community service.
Toope said university officials have also heard reports that some students were singing chants that were derogatory to aboriginal people during frosh events, and said the university plans to investigate those allegations.
He was joined by vice-president Louise Cowin and Sauder School of Business Dean Robert Helsley at the announcement on Wednesday morning.
Earlier this week, Toope apologized for the "appalling" chant sung by commerce students during a frosh week orientation event.
Four of the student leaders of the Commerce Undergraduate Society have resigned since news of the chant first broke on social media.
The university cancelled the remaining CUS frosh events, but has yet to announce disciplinary action against any students.
The incident took place on a bus ride during the Sauder Frosh, a three-day orientation for the Sauder School of Business, organized by the Commerce Undergraduate Society.
- Read more about the chant
The chant condones non-consensual sex with underage girls saying, "Y-O-U-N-G at UBC, we like 'em young, Y is for your sister, O is for oh so tight, U is for underage, N is for no consent, G is for go to jail."
The same chant was recited at Saint Mary's University in Halifax, prompting the resignation of the president of the student association there.