Students looking to purchase parking permits this upcoming fall may notice a drop in price.

The UCF Board of Trustees is considering reducing the cost of hang-tag parking permits on campus effective at the start of the fall 2014 semester.

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The price of the “D” hang-tag permit, the normal student permit, would drop from $135.04 to $112.54 a year. The semester price of the hang-tag permit would also fall, from $67.52 to $56.26.

Students living on-campus would also see a drop in hang-tag permit price.  Students using the “R,” “RL” or “KP” hang-tag permit would pay $168.80 annually, a decrease from $202.56.

The cost of parking sticker decals, however would remain the same, at at $90.03 a year or $45.01 a semester.

The UCF Board of Trustees has to approve the price decrease first at the next trustee meeting on May 22, then the proposal will go before the Board of Governors at the state level for approval.