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I'm considering going to a T3 school, which offers a full scholarship every year to x number of students. Can I defer my full scholarship for a year? Or would I need to apply for it again?
I know I'd have to pay $300 to reserve my spot for next year's admissions, but not sure about the scholarship. Any feedback would be greatly appreciated.

Deferral policies vary by schools - I think you may have to ask them directly on this. I've never heard of a school allowing you to defer a scholarship though.