The possible positive consequences of trauma and its relationship to existential aspects are receiving increasing attention. However, little is known about how young individuals perceive the changed status of these profound aspects of their lives. This study aimed to explore and identify the themes of the possible positive aspects of trauma-related suffering, the most meaningful moments, and the perception of meaning realization in young individuals. A total of 139 trauma-exposed Mexican university students responded to a survey consisting of open-ended questions survey. Qualitative data were analysed using thematic analysis. The main benefits of suffering were a better attitude towards life, more maturity and strength, new capabilities, and a reorganization of values, purposes, and beliefs. In reference to significant moments, the themes of the importance of bonds with significant people, spiritual moments, and personal achievements emerged. Both meaning realization and existential frustration were observed. Meaning was mainly oriented towards career goals, other people, personal growth, and financial goals. Findings suggested several patterns of existential concerns for Mexican university students. Both personal and interpersonal levels were cited as pivotal aspects for the transformation of young people after trauma. Theoretical and practical implications were discussed.