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Is it possible to defer in more than one school? Is it allowed in most of the schools?

Are you crazy? Deferring is like accepting; you should only do it at one school. I'm not sure there's a legal obstacle to deferring at two, but that's a lot of money down the drain, and it's certainly not how the system was designed to work. Deferring is a great way to follow up on an opportunity that arises after you've applied, or to gain a little more experience if you realize it's something you need, but using it to postpone the grad school choice is not really a great idea. It'd be much less expensive just to reapply (and if they took you once, they'll take you again... tweak the essays a bit, perhaps, but it shouldn't be that much effort, either).

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