Eligibility for 2024 summer internships

I am starting a 1 year master's in finance and have begun applying to summer analyst programmes for investment banks for summer 2024. I have noticed that many banks only offer internships for students graduating between Dec 2024-Jun 2025. If I am graduating in Oct 2024, will they automatically reject me or is the Dec 2024-Jun 2025 to ensure younger students don't apply? 

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