I have kept many "Schools" of fish... They all seem to end up not schooling...
Blue Chromis: schools for a while then you will usually start losing fish, The max school I had going was 40 but then started losing them at a alarming rate. I have 2 now in my tank that school

. If you are able to keep a school they seem to school less and less over time.
Yellow Tangs: schools for a while then stops.. The main issues is aggression as then grow. The size of tank needed to have school can be hard to come by. The biggest school I had going was 10 but sold off quickly as even in the length of my tank and feeding non stop the aggression was just to much. I also find 3-4 in a school just seem to do there own thing.
Red Fire Goby: I am attempting to get a small school of this fish right now. They seem to do well but pair off and kick one or the other fish out of there area.
Look Downs: don't bother but will mass school and are quite easy to keep... Just need that 40,000 gallon tank to make look right.
Anthias: I have kept a school of some types... They seem to do the whole school thing for a while then break up and I would say at best loosely school. You would have 2 here 3 here 1 off doing its own thing and just does not look that great as a "school".
Cardinal fish: In large groups will school tight at the begging but will loosen up and then the fighting starts.. In larger schools the fighting does not seem to be as bad I would say 10+ fish.
Clown fish: Some clown fish (skunk) seem to do well in a school in a hosting situation. There is quite a few people that keep a large number in one anemone.
Now the best fish I have found to school is the Mono Argentus. I kept over 20 for 2 years in a tight school. They do grown quite big but takes a while. I would say after 2 years of keeping them a 1" fish was 3" +/-. Still need a larger tank but will school all the time in small groups.
Inverts:
Peppermint Shrimp: They will school but split up in groups this might be because of living space. I think I have 15 or so in my tank and they live in 3 groups around my tank. I think if I had a large cave or more rock work they would all be together. This is just a guess.
Sexy Shrimp: I have a school of them living in one RBT they all seem to hang out together during the day and spread at nite. I added 5 I believe and seem to have close to 10 now. This might be because of the Moorish Idol bugging them so forced them to school for protection?
Pistol/Snapping shrimp: they will school on mass..... I think this is just a short term thing but I have had 3 living with one goby so would class that as a lose school.
So in the end the only thing I could get schooling fish wise was the Mono's. They were in a tight school 24/7 and gave me the look of a school all the time.
On a side not when you feed all fish become schooling fish

.