I Got a Speeding Ticket

Does anybody know if it's possible to go to traffic school to keep a point from adding to my record? The only reason I ask is cause I know it's possible, but I was already issued a warning letter from the DMV. But I just got this citation two days ago so it's not in the system. And also it was for going 10 over the limit. And my last ticket was 4-5 months ago. I it possible to pay the fee and go to traffic school before the DMV suspends my license?