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You know, I just had a novel thought. As was indicated in an earlier post, some children have terrible attendance records, poor academic performance, and parents who seem to not give a fig. So, fair enough, if they want term-time absence it's probably right to say no.
On the other hand I'm thinking, here you have a student whose attendance record is excellent, whose exam results are in the top 5%, who is active in extra-curricular things likes chess, theatre... whatever. You know, a case of 'star pupil', one who is getting everything right.
Wouldn't you be tempted to say "Well let's cut this kid some slack - she's deserved it"?
In life, doesn't achievement merit reward?