The proposed sale of St Andrew's College's campus in Bearsden is being opposed by the local council.
East Dunbartonshire supports the merger of the Roman Catholic teacher training college with Glasgow University but wants the campus retained. Councillors describe the site as "a priceless asset".
As part of the merger trade-offs, the campus could be sold for housing to pay for new buildings close to the university heartland in the west end of Glasgow.
However, East Dunbartonshire insists the current college location on the fringe of the city should continue to be used for education.
The campus provides accommodation for pupils who attend the music school at Douglas Academy and the dance school at Knightswood Secondary, Glasgow, while school orchestras use the assembly hall. Pupils also use the college swimming pool. Bart McGettrick, St Andrew's principal, said "We would hope that we would maintain the interest and links between the college and the local community. "