Stevenson High School is closing in February as part of a wider school closure plan, the school said in a statement on Wednesday.
“We will begin the process of closing our schools on February 1st,” the statement read.
“We will also be making other necessary adjustments to ensure the safety and wellbeing of our students.”
Stevenson’s closure comes on the heels of the closure of the local school district’s Westminster School, which closed in March due to lack of funding.
The announcement comes as the Government faces mounting pressure to introduce a new system of funding for schools.
Labour has previously suggested it would seek a new school funding model in the first budget, but has since said the Government needs to be more “fiscally responsible”.
Labour’s Shadow Education Secretary Angela Rayner said the school closures were a “frightening blow” for the country.
“Stevensons closure is another example of the Government not doing enough to ensure a safe, healthy, and secure education system for every child,” Ms Rayner told the BBC.
“They are the latest example of why we must take urgent action to create a new school funding model for schools, so every child can have the education they need.
As the new school year begins, I urge the Government to act now to ensure that every child is getting the education he or she needs, so we can ensure a safer, more secure future for our children and grandchildren.”