University President the Rev. John Jenkins will allow performances of "The Vagina Monologues" only in a lecture hall and renamed the Queer Film Festival, saying both raise concerns at the Roman Catholic university.
Jenkins said he would confer with all parties before deciding whether either will be repeated next year.
Student reaction ranged from outrage to praise.
"The fact that there are a lot of people angered by this decision is a sign of change," junior John Sikorski told the South Bend (Ind.) Tribune. "There is a battle raging on this campus and they are on the losing side."
"If you start saying what (events) units of the university can and cannot sponsor, it's going to lead to censorship," said senior Matt Skinner.
Several students who have yet to attend the play or the parade said they plan to see both events next month.