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Pete Ryan for Money

With internship season looming, the coronavirus has thrown student plans for the summer into disarray. Internship opportunities have dropped 52%, according to recent research by jobs site Glassdoor.

Some companies are cancelling programs, either due to budget constraints or an inability to move to a remote format. Others are pivoting to online internships or delaying their start dates. Forty-two percent of employers told the National Association of Colleges and Employers in a recent poll that they’re moving internship programs to a virtual format.

For some students, this widespread disruption could have ripple effects on their career plans. To snag a competitive position, students often apply in the fall or map out their ideal internship schedule early in their college years. Others count on internships to get hired, especially in fields like finance or accounting. In fact, about 57% of seniors who had job offers at graduation last year had at least one internship, compared to 43% of those who did not, according to NACE.

How Colleges are Helping Students Handle Change or Canceled Internships