THIS week thousands of young people will get their A-level results.

For some, Thursday will be remembered as one of the best days of their lives.

Places at university or longed for college courses will be confirmed and no doubt some champagne corks will pop.

For others however, it will be a very anxious time as their grades aren’t quite what they hoped they would be.

In this instance they will find themselves entered into the clearing process, which aims to match students with available courses.

However a record number of students this year are expected to find themselves scrambling for places using this method.

This is because from September 2016 full-time under-graduates from families with annual household incomes of £25,000 or less will no longer qualify for maintenance grants - putting them off a gap year.

A cap on student numbers has also been lifted, meaning universities can take on as many undergraduates as they want and some degree programmes will be able to take extra students.

Whatever happens, the main thing is to keep a cool head as there is plenty of help available.

And it is also worth remembering some of the most successful entrepreneurs never even went to university.