The 2014–15 UCF Knights women's basketball team will represent the University of Central Florida during the 2014–15 NCAA Division I basketball season. The Knights compete in Division I of the National Collegiate Athletic Association (NCAA) and the American Athletic Conference (The American). The Knights, in the program's 38th season of basketball, were led by eighth-year head coach Joi Williams, and play their home games at the CFE Arena on the university's main campus in Orlando, Florida. They finished the season 9–21, 5–13 in AAC play to finish in eight place. They lost in the first round in the American Athletic women's tournament to Cincinnati.