Thousands of students across Wales receive A-Level results
It follows a drop in the proportion of top A-level grades awarded to students in Wales in 2024.
Last year, the figure of entries awarded A or A* in Wales dropped from 34% in 2023 to 29.9%, though it was still above the 2019 pre-pandemic figure of 26.5%.
The A-level pass rate in Wales, for entries awarded A*-E, was 97.4% last year, slightly down from 97.5% in 2023 and 97.6% in 2019.
In Wales and Northern Ireland, exam regulators returned to pre-pandemic grading in 2024 – a year later than in England.
The Covid-19 pandemic saw an increase in top grades in 2020 and 2021, with results based on teacher assessments instead of exams.
Results can be shared with students from 8am, but arrangements vary depending on the school or college.
Results for the Advanced Skills Baccalaureate Wales and some vocational qualifications, including BTecs, will also be released on Thursday.
Last week, Jo Saxton, head of Ucas, suggested a record number of 18-year-olds could be successful in securing their first-choice university on results day.
British universities are keen to recruit UK students because there is more 'uncertainty' around international students, she suggested.
Clearing is available to students who do not meet the conditions of their offer on A-level results day, as well as those who did not receive any offers.
But prospective students who have changed their mind about what or where they wish to study, and also those who have applied outside the normal application window, can also use clearing.
Scotland has a different qualification system and students received their results on Tuesday last week.

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