The Knights were led by third-year head coach Josh Heupel and played their home games at Bounce House in Orlando, Florida.

The Knights finished the regular season 6–4 (5–3 conference) and notably did not have any games of their revised schedule postponed or canceled due to the COVID-19 pandemic.

[8] On August 7, Sports Illustrated reported that fall camp practices had been temporarily paused at UCF after players expressed concerns over COVID-19 safety protocols.

Included on the list were back-up quarterback Darriel Mack Jr., cornerback Tay Gowan, and defensive tackle Kalia Davis.

[15] The comes from the facility's longtime nickname "The Bounce House", as it was found to be susceptible to considerable shaking when its crowd jumps in unison.

Starting with the second home game of the season on October 24, RoofClaim.com logos were removed from the playing field and replaced with FBC Mortgage.

Gabriel entered the 2020 season as the expected starter, and his status was cemented after Darriel Mack Jr. announced he was opting out of playing due to COVID-19.

[16] Quadry Jones was elevated to the backup quarterback position, with McKenzie Milton, still recovering from his 2018 knee injury, also on the depth chart.

[18] UCF had games scheduled against North Carolina (September 4) and Florida A&M (November 7), which were canceled due to the COVID-19 pandemic.

Jahmyr Gibbs took the opening kickoff back 61 yards for Georgia Tech, setting up a 1-yard touchdown run by Jeff Sims, and a 7–0 Yellow Jacket lead.

Georgia Tech fumbled away the ball at the UCF 8 yard line on their next possession, then had a field goal attempt blocked.

The two teams traded possession three times until the Yellow Jackets finally got a score on a 33-yard touchdown by Jahmry Gibbs, and trimmed the deficit to 28–21.

Gabriel completed a 40-yard pass to Marlon Williams, setting up a 1-yard touchdown run by Otis Anderson Jr. After holding Georgia Tech to a turnover on downs, the Knights capitalized on the resulting good field position.

The Knights offense took control of the game, as Dillon Gabriel connected with a wide open Jaylon Robinson, who escaped untouched for a 64-yard touchdown pass.

In the final two minutes of the second quarter, Bentavious Thompson blasted for a 25-yard run to the ECU 31, setting up a 7-yard touchdown pass from Gabriel to Jake Hescock.

[30] UCF fell to Tulsa for the second season in a row and snapped a school record 21-game home winning streak.

The Cougars took an early 7–3 lead after a sack and fumble by Gabriel was scooped up by Grant Stuart who returned the ball 34 yards for a touchdown.

The Knights quickly recovered, as Gabriel threw a 34-yard touchdown pass to Ryan O'Keefe to go back ahead 10–7.

The Cougars drove inside the UCF 20 yard line, but quarterback Clayton Tune was intercepted Eriq Gilyard.

Gabriel rebounded in the second half, connecting at one point with Jaylon Robinson for a 70-yard completion, followed on the next play by a 21-yard touchdown pass to Marlon Williams.

Then, Cincinnati return man Ryan Montgomery muffed a punt, which set up UCF's second touchdown.

Trailing 36–25 in the fourth quarter, Gabriel and the Knights scored a touchdown (and a two-point conversion) to trim the deficit to 36–33 with 4:27 left in regulation.

With three timeouts left, the Knights kicked off, but could not stop the Bearcats from driving down the field and winding out the clock.

The final game of the regular season for UCF saw the Knights take on rival South Florida at Raymond James Stadium.

Without running back Otis Anderson and without leading wide receiver Marlon Williams, the Knights nevertheless outlasted the Bulls by the score of 58–46.

But Bulls quarterback Jordan McCloud (404 yards, 4 touchdown passes) helped turn the game into an offensive shootout.

The Bulls pulled within ten points on two occasions, but two fourth quarter touchdown runs by Greg McCrae and Bentavious Thompson, respectively, sealed the victory for the Knights.

UCF won their fourth straight meeting against the Bulls, with the senior class finishing undefeated against the rival for the first time.

Despite pregame speculation, quarterback MacKenzie Milton, severely injured approximately two years earlier to the day, did not suit up for the game.

The BYU Cougars jumped out to a 21–0 lead and routed the UCF Knights by the score of 49–23 in front of a limited crowd of about 6,000 spectators.