The plan will see a number of new schools built across the region for less money than the original BSF jobs.
Work could include a new primary and secondary school at Stirchley incorporating the existing Grange Park Primary and Lord Silkin Schools.
A 1,050 place joint Christian faith Academy for ages 11-18 could be built at a new site in Priorslee incorporating the existing Blessed Robert Johnson Catholic College.
A new 1,200 place school on the vacated Blessed Robert Johnson site in Wellington would replace the current Charlton School.
Construction of a new 1,050 place 11-16 Co-operative Academy on the site adjacent to the existing Oakengates Leisure Centre will serve the communities of Donnington, Oakengates, Trench and Wrockwardine Wood.
The new academy would replace the existing Sutherland Business and Enterprise College and Wrockwardine Wood Arts College
Councillor Paul Watling, cabinet member for Children, Young People and Families, said: “The new proposals will achieve better value for money from the Building Schools for the Future programme while continuing to create high quality learning environments for our young people as well as community facilities for all.
“After reviewing previous proposals for delivering new educational facilities, I think these changes will make a huge difference to the standard of the facilities that we would now be able to provide.
“At this stage, these are only proposals and a full consultation will be launched on November 21.”