The 16-team competition to be hosted by Chile for the second time will be held from November 23 to December 4 at Hockey Club Manquehue.
Santiago previously hosted successful Junior World Cup event in 2005 at Hockey Club Manquehue.
The venue boasts of two high quality pitches and have been successful hosts to several international events.
"The Women's Junior World Cup is a fantastic showcase for emerging talent," FIH president Leandro Negre said in a statement.
"One of the things that most impresses me is the range of participating nations which represents the continuing global spread of women's hockey. You only have to look back to 2005 to know that Chile will once again provide a fantastic experience for both the athletes and the wider hockey family."
The Netherlands have been crowned champions on three occasions, including back-to-back victories in 2009 and 2013, with Argentina picked up silver medals on both occasions. Korea also have a proud history in this tournament emerging as winners in both 2005 and 2009.
Chile have competed in four of the seven previous editions. Their highest finish was 10th in 2005, the first time they hosted the competition.