However, the MTA said the EZpass rate is still likely to be a better deal for students than having to buy passes separately from two or more individual agencies.
The EZpass will be priced at $58 for a regular monthly pass and $29 for seniors and the disabled.
In addition to the MTA, the transit systems using the new Regional EZpass are: Culver City Municipal Bus Lines, Foothill Transit, Montebello Bus Lines, Gardena Municipal Bus Lines, Commerce Municipal Bus Lines, Long Beach Transit, Norwalk Transit, Santa Monica's Big Blue Bus, Torrance Transit, Santa Clarita Transit and the Los Angeles Department of Transportation.
Hal Bernson, chairman of the MTA, holds up a large rendition of the new Regional EZpass, the county's first regional transit pass, Tuesday morning at MTA headquarters.
EZpass will be valid for unlimited travel on the Metropolitan Transportation Authority bus and rail systems and on the fixed-route bus systems of 11 area operators.
EZpass also will make for quicker boardings and eliminate the need for transfers and tickets.
EZpass represents the first major phase of a universal fare system.
EZpass will be priced at $58 for a regular monthly pass, $29 for seniors and the disabled with appropriate identification, including either an MTA Disabled ID card, Medicare card, LACTOA card or DMV placard.