The party is organised by residents of Agnew St, in Dunedin’s student area, which in recent years has become notorious for large crowds and drinking.
OUSA president Jack Manning said the party was discussed at a recent executive meeting, after a question was put forward in a student referendum asking if OUSA should co-host the street party in Dunedin.
It was decided OUSA was not "in the position" to be operationally involved, Mr Manning said.
The executive, however, felt it was important OUSA provided relevant advice to students who wanted to hold parties.
This was likely to be done through advertising on the Good One Party register, on which people can register their parties to help police get monitor proceedings.
A post on the student magazine Critic Facebook page yesterday said OUSA’s on-record conclusion from the meeting was: "We will do an educational campaign on harm reduction during Agnew[party] time".
Earlier this year, documents released to Critic showed emergency services were concerned about the party, usually held in early August, going ahead.