These results also provide important new insights for universities interested in using contextual data to inform their admissions policies. While it is clear that, on average, amongst students with the same human capital on entry to university, those from the worst-performing schools go on to outperform those from the best-performing schools, the same is not true if we compare individuals from lower and higher socio-economic backgrounds. Thus, while the evidence suggests that if universities were to account for school performance in making admissions offers they would, on average, get it right most of the time, the same is not necessarily true of using socio-economic background. That is not to say that no individuals from lower socio-economic backgrounds will go on to outperform their more advantaged counterparts; simply that it is not true on average, thus presenting a greater challenge for universities to identify those from lower socio-economic backgrounds with strong potential to succeed.