The move, coming into effect in September, will see young people affected who are over the age of 16 issued with personal travel allowances, rather than Leeds City Council-organised transport.
It is believed the change could free up more than £800,000 for the local authority.
And parents, who have said the cuts will hit some of the city's most vulnerable youngsters, staged a protest outside Leeds Town Hall this afternoon.
The slogan "no ifs, no buts: no transport cuts" was bellowed outside the building as campaigners expressed their feelings on the controversial move.
Flanked by a small patrol of police officers on The Headrow, they also held up placards reading "no DEAL" on the town hall steps.