The future of education at Wyangala Dam Public School will be decided at an upcoming community meeting with the Department of Education and Training.
Numbers at the school have dwindled over the past two years, with only five students now in attendance.
While the school has been under the microscope for the last 12 months, Wyangala Dam Public School P&C Rob Savell said the fact it could actually close has only hit home in the last few weeks.
His three children attended Wyangala Dam Public and he attributes their success at high school to the education they received there.
"We're hoping it will stay open if we can get enough support from Cowra and surrounding area," he said.
"It's a fantastic little school. I'd recommend it to any parent looking at small schools."
Wyangala Dam Public School opened in 1929 to provide primary level education for the children of the dam construction workers.
There were more than 70 students enrolled in 1930 and 160 in the 1960s.
In recent years, enrolments have peaked at 39 students in 2000.
Mr Savell said enrolments are a reflection of the general erosion of the Wyangala community in recent years.
"There aren't many young families in the Wyangala community," he said.
"There are just as many empty houses in the village as there are full."
It's a pity, he said, as the facilities at the school are top-notch.
Four years ago, the school received $50, 000 to build kitchens and vegetable gardens on the grounds.
Mr Savell believed if the school closes, students will have to either attend school in either Woodstock, around 34 kilometres away, or Cowra, more than 40 kilometres away.
Expected to be at the meeting is Director of Public Schools Orange Network Maree Angus.
The meeting will take place on Tuesday, June 23, at the top classroom of Wyangala Dam Public School from 6pm.
Tea, coffee and a light supper will be provided.
RSVP to the school by Friday, June 19, by calling 6345 0804.