LOS ANGELES (CBS) — Two students at the University of Southern California have stepped up to try and rescue a nearby high school so that it can reopen for the 2012-2013 school year.

Los Angeles Community High School serves as an alternative school for students who have either been kicked out or have dropped out of high school. The school resides in Watts, near the Jordan Downs Housing Projects, in an area marked by crime and poverty.

USC students Eric Johnson and Hunter Kubryk say that if the school closes students will have no where else to go.

The students are trying to collect $10,000 to keep the school afloat at fundraising forum Indiegogo.com. They say LACHS has made momentous impacts on the community and that 93 percent of their students graduate — that compared with an approximate 55 percent graduation rate at nearby Jordan High School.

The fundraiser will run until Friday, Aug. 17.