Westhoughton Town Council is hoping to erect a pelican crossing in Bolton Road.
The road is crossed by pupils from Westhoughton High School and Sacred Heart Primary School and by parents taking youngsters to Lilliputs nursery.
Bolton Council said it would not be able to fund the scheme.
But Cllr Jim Gilfillan, leader of the town council, said: "The job of the town council is to look after its residents. Their safety is paramount.
"If we want crossings to ensure it, I'm happy to find money from within the council budget."
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