Heupel, who has been the offensive coordinator at Missouri the past two seasons, is scheduled to be introduced at a news conference Tuesday.
Heupel says in a statement that he is excited "to get a staff together and get to work with our wonderful student-athletes."
The 39-year-old Heupel replaces Scott Frost, who accepted the Nebraska coaching job after leading UCF to a 12-0 record and the American Athletic Conference title. The Knights will play Auburn in the Peach Bowl in Atlanta on Jan. 1.
Athletic director Danny White says he believes UCF has "identified one of the brightest minds in college football" in Heupel.
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ORLANDO, Fla. (AP) - UCF has hired Josh Heupel as the Knights' next football coach.