Post 16 students earn more money
30 November -0001
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According to the Learning and skills council, Youngsters who stay in education after their GCSE's could earn up to £4'000 a year more than those who opt to leave school at 16.
Students who gain A levels and other post 16 qualifications can expect to earn yearly salary of £20'692, on average. Thos who leave school without five good GCSE passes can expect to earn just £16'739 per year.
The figures also suggest that those who gain five good GCSE passes (at grade c or above) can expect to earn aroing £1'400 more, per year, than those who don't get those grades.
EMA, or Education Maintenance Allowance is offered to people who's parent's earn less than £30'000 per year. The grant entitles them to as much as £30 per week as long as they are in futher education, plus bonuses every term, and upon finishing the course.
Head of Learner Support Trevor Fellowes said: "These statistics prove the financial benefits of further education to all young people.
"By staying on to do an academic, vocational or retake course, young people will be setting themselves up for a better future."
The government says it is pleased with the numbers of pupils applying for the allowance.
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