A toilet paper dispensing system including a mounting member securable to a ceiling within a bathroom. An elongated paper holding tube is coupled with the mounting member. The paper holding tube has a central post extending downwardly therefrom. The paper holding tube has an access opening therein disposed upwardly of an open lower end thereof. An end cap is adapted for removable coupling with the open lower end of the paper holding tube. The end cap has a central post extending upwardly therefrom. A lock mechanism is disposed within the end cap for selectively locking the end cap with respect to the paper holding tube.