This is the 821st most frequent Turkish word.
olacağız
"Olacağız" means "We will be/become."
The word 'olacağız' here implies that in the future, we will take on the status of being (or become) mindful students.
Gelecek yıl daha bilinçli öğrenciler olacağız.
Next year, we will be more mindful students.
In this instance, 'olacağız' indicates our presence or existence at a certain place in the future.
Yarın saat iki gibi toplantıda olacağız.
Tomorrow, we will be at the meeting around 2 o'clock.
Here, 'olacağız' expresses the future transformation or development toward becoming a strong society.