Miss USA will complete her year-long reign, which will now include a stint in rehab.
Tara Conner had come under fire amid accusations of underage drinking in New York bars. She turned 21 yesterday.
At a news conference, Miss Universe Organization co-owner Donald Trump announced he'll let Conner keep her title. As he put it, "I've always been a believer in second chances." And he said she'll be entering rehab. A teary Conner told him, "I will not let you down."
Trump said pressures from the "whirlwind of New York" were too much for the small-town beauty queen. Conner hails from Kentucky.
A Miss Universe Organization spokeswoman has said that Miss USA is considered a role model, and her conduct must reflect that.