Ahead of A level results day, Alistair Jarvis, Chief Executive of Universities UK, said:
"There is still a great demand for university places and the proportions of 18-year-olds in the UK applying for university are at their highest ever levels.
"Last year's application numbers reached a record high. There are a variety of reasons for the drop in applications this year, including the decline in the number of 18 and 19 year olds, changes to funding for degrees in nursing, and the possible impact of the vote to leave the EU. There will still be more applications than there are university places.
"University admissions staff will be working hard to ensure applicants know whether they have been accepted by their firm or insurance offer by 8am on A-level results day.
"As ever, the majority of applicants will get the grades required in their offer and will secure their place at university. Those who do not get the results they had hoped for or did not get any offers will have the option of using the Clearing system. Last year, nearly 65,000 applicants used Clearing to find the right course for them.
"The adjustment process also allows applicants who have achieved better results than expected to find a place on another course, while still holding on to their confirmed place for a limited