NAME - thanks for your question. Your Deac would want to ask their faculty member about that. My guess is that faculty will want their students to fulfill their academic obligations before the fun stuff, so that would mean going to the INSERT CLASS/LAB over the INSERT EVENT. But ultimately that would be up to individual faculty members.
Unfortunately there are so many fun things that happen on campus - whether that is the INSERT EVENT THEY ASKED ABOUT, involvement fair, or Puppies on the Quad, or food truck festivals - and there is no way to guarantee that every student won't have a time conflict. We hope that they will be able to make a lot of those fun moments, but they may have to pick and choose what works with their schedules.