Pupils and teachers at Eastwood High in Newton Mearns, which the 14-year-old attended for three years, will be able to record their memories in a book of remembrance.
School assemblies for each year will be held throughout the day to inform the pupils about the book, which was specially designed by East Renfrewshire Council.
The book will eventually be presented to Elliot's parents, Scott and Colette, from Newton Mearns.
Elliot died on June 29 after jumping just two feet into water while 'gorge jumping' in the Aosta Valley in Northern Italy with the Pegasus Explorer Scouts, linked to the 35th Crookfur Scout Group.
The accident happened at Gran Paradiso National Park near Turin, where the group of 40 children were on day two of a nine-day adventure break.
At a memorial service last month attended by more than 400 mourners, Elliot was described as an example to all.
Reverend Brian More, school chaplain and minister of Newton Mearns Baptist Church, where the service was held, praised Elliot's "vibrancy and quirkiness" and said he was deeply loved by his family and friends.
Eastwood High head teacher Stuart Maxwell said he had nothing but positive memories of Elliot"
Mr Maxwell added: "The one over-riding thought emanating from my memories is that Elliot will live on in our hearts and in our cherished memories.
"He had a positive impact on all our lives. He enriched the lives of everyone who knew him and he made our school a bit better.
"Every day, we should all try to be a little more like Elliot.
"We were privileged to have known Elliot for the three years he was with us."
The head teacher also praised Elliot for his contribution to school life, from his interest in playing the guitar to his efforts on the football and rugby pitches.