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
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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".