UF administrators are considering abandoning block tuition, and an announcement could come as soon as Tuesday.
Under block tuition, the university would charge a flat rate for full-time students regardless of the number of credits taken. Currently, students pay by the credit hour.
UF Provost Joe Glover said recent graduation rates factored into the decision to reconsider the controversial measure.
For students who entered UF in 2006, the four-year graduation rate was 64 percent, a jump from 58 percent for students who entered in 2005.
Glover said he is in discussion with UF President Bernie Machen about the issue.
"[Machen] has told me he's thinking about taking it off the table," Glover said.
Student Body President Ben Meyers, along with Student Government and student activist groups, opposes the measure.
Meyers said Machen has been very receptive to Meyers' concerns, and he hopes the proposal will be pulled Tuesday at a conference call of UF's Board of Trustees.
"Based upon our conversations, I would think that the proposal would be pulled," Meyers said.
The UF Board of Trustees approved a block tuition proposal in December that delayed implementation until December 2012, pending approval from the Board of Governors, the state university system's highest governing body. The proposal was never sent to the higher board.