I have a family member who is a recent alum of Chi O at UCF, and I can say wholeheartedly that they are one of (if not the single) best chapter at that school. UCF Greek Life is all sorts of horrible - many of my other family members are currently Greeks there, and the stuff they tell me has me livid. The entire Greek system was recently on suspension for their outrageous behavior. Chi O is a model chapter, and it really saddens me that they're going to take the fall for the errant actions of a few members.
UCF is going to be tough on them too, given their national reputation right now for out-of-control Greeks. But I was very proud of Chi O and doing the right thing by self-reporting the incident to the school and their nationals and handling everything in a mature way. If they go (and I think they might), UCF will be losing their strongest sisterhood. In my experience, the rest of that school is full of the most stereotypically selfish, vapid, and substance-obsessed people I've ever seen wearing letters, and they give Greek life in general an awful name.