"欲申请的学生" can be translated into English as "students who wish to apply" or "prospective applicants".
"Students who wish to apply" directly conveys the idea of students who have the intention or desire to submit an application.
"Prospective applicants" refers to individuals who are likely to become applicants in the future, implying their intent to apply.
Both expressions are appropriate depending on the context and the desired level of formality.