It looks like city students will be able to keep their student MetroCards.
Sources are telling NY1 that a deal is close to save the program and that details are just being ironed out.
Those sources say lawmakers hope to have a deal ready for a vote as early as Friday.
The Metropolitan Transportation Authority had proposed ending free rides for students as a way to help close its $800 million budget gap.
Parents and students who spoke with NY1 say they don't want the MTA to kick them to the curb.
"I'll have to pay for two kids to go to school. It's gonna be a hardship for a lot of families. I think they really need to rethink whatever policy to help us out a little more," said one parent.
"I disagree with what they think of cutting the MetroCards because a lot of people might stop telling their kids to go to school because they can't afford to take their kids to school everyday," said one student.
"I believe we can work out the appropriate deal with the MTA that will continue that for students," said Assembly Speaker Sheldon Silver.
The plan to cut the service has drawn loud protests from students across the city.
More than half a million students use the subsidized MetroCards on a daily basis.