I'm working on a school event and I don't have lots of experience in Photoshop. So I would like some tips on how to recreate this text. Your help is very appreciated
Outer glow, stroke, and drop shadow....
The stroke lowers the opacity at the edge of the characters, creating a slight "blur" impression.
Note the contour of the Drop Shadow....
These are merely basics. Fiddle with it until you are happy.
There may have been a slight motion blur applied after all this as well.
You can convert the text layer with the Layer Styles to a Smart Object, then apply a monition blur as a smart filter:
Google "Outer Glow" and "Drop Shadow".