I was awarded the same amount of funding as you. After two years of volunteering abroad for practically nothing, I'm loathing the prospect of borrowing money for living expenses on top of the federal loans. That's a good point you make of using a deferral year to apply for more outside fellowships, are you thinking about anything in particular at this point like Rangel and Pickering (I dropped the ball on those last year...)? At the very least, because I know I want to go to SAIS this year or next no matter what, I'll be sending in my $500 deposit in the next week or so, soon after I solidify my thinking on which program to pick. I'm amazed that you can speak/read 5 languages, I'm only bilingual with Mandarin. Let's share information on this forum as we learn more about the deferral process, and more specifically, how likely it is that we can preserve our fellowship if we put enrollment off for a year!