The Last Bell will ring out of Avoca Primary School on Saturday as more than 200 people are expected to gather to signal the end of 160 years of schooling.
Declining enrollment numbers, dwindling to 11, lead to the March announcement the school would close after 2019 and begin transitioning students to Campbell Town Primary School.
Last Bell organiser Leeann Phillips said there would be photographs from 1860 through to present day on display to allow the community to reminisce on their memories.
"Well some of the parents, I think they're sort of a bit devastated that the school isn't staying open but...since the kids have been down to Campbell Town they've made more friends," she said.
"I thought it would just be so good to give back to the community before the school actually closed, so they can come back one last time and have a look before it's too late.
"Personally I've never been through the school, but my children have been through the school and my grand children, nieces, nephews, cousins and my husband's mum."
She said there was word of a time capsule near the school's flagpole she had hoped to find but she had investigated with a metal detector with no luck.
The event from 2pm to 5pm will include activities, such as face painting and a jumping castle, and tea, coffee and a light lunch provided by the Northern Midlands Council.
The last bell will sound at 3pm after guest speakers address the event.
There is memorabilia available and to order it, and for catering purposes, contact firstname.lastname@example.org.