A £250,000 Social Action Fund grant will fund a pilot of the service, being run by Future First, in 500 schools.
It is predicted 100,000 volunteers will sign up in the first 18 months of the scheme.
The service will support schools in collecting data from young people before they leave, on an opt-in basis, and will then keep former students updated on developments at the school, and the school updated on their progress.
It is hoped it will provide schools with relatable role models to inspire, inform and mentor current students, as well as allowing for the development of networks that can provide access to work shadowing and work experience opportunities.
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