The 2015–16 UCF Knights women's basketball team will represent the University of Central Florida during the 2015–16 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 39th season of basketball, are led by ninth-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 7–23, 4–14 in AAC play to finish in a tie for ninth place. They lost in the first round of the American Athletic women's tournament to SMU.