Speaking at a meeting of town council last week Ms Price’s colleagues supported the idea of fixing a commemorative plaque on a bench overlooking the sea.
Ms Price, originally from Huntingdon in Cambridgeshire, had just completed her dissertation in mathematics and physics at Aberystwyth University when she was elected to represent Central ward for the Welsh Liberal Democrats.
Last week, the university awarded Ms Price a posthumous degree, and her family plans to start a bursary in her memory.
Cllr Charlie Kingsbury, leader of the Lib Dem group in the town council, said: “I have been in touch with her family quite a bit on this.
“One of the things Emily really liked was the accommodation because of the view — she loved looking out at the sea.
“We should consider putting a little plaque on a bench.”
Emily’s mother Natasha told the Cambrian News this week: “Emily was an amazing young woman with a bright future ahead of her, life cruelly cut short.
“As her family we miss her dreadfully and as comfort are trying to ensure she is remembered by everyone who knew her.
“One way that we wanted to build a lasting memory to Em is by having a bench in Aberystwyth dedicated to her.
“We wanted somewhere that her friends and fellow Lib Dems can take a moment to think of Emily.
“The perfect place seemed to be a bench in the seafront as Emily spent her third year at uni living in a seafront flat."