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I applied to a professional program that I had been striving for in my undergrad, at a top school, but I've since felt overwhelmed with how to pay for it and incurring so much debt. I think I should wait a year so get into a better place financially. I've become so anxious, thinking I've ruined my opportunity with this school if I don't go.

I am considering withdrawing my application, but I'm very worried about how it might hurt me in the future when I reapply. Or I may wait but need to decline if I am accepted, and reapply the following year. I feel like both will hurt my chances in the future. How will admissions consider me the second time?

marked as duplicate by Davidmh, Bob Brown, Peter Jansson, jakebeal, Alexandros Feb 26 '15 at 13:16

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    How is this different from your previous question? – Kimball Feb 26 '15 at 5:31
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    You might ask to have your application (or acceptance if they've already decided to accept you) "deferred" for a year. It's not at all uncommon for something to come up (illness, family issues) that prevents a student from starting a program that they've been admitted to. The thing that would be most damaging would be to get admitted and then wait until the last moment to withdraw- let them know as soon as possible. – Brian Borchers Feb 26 '15 at 5:35
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I would wait until you know the outcome first. It is possible (and not that usual from what I hear) to defer an offer of admission, which means you may be able to take up an offered position in the following academic year.

Since you do not know that you have been admitted yet, I would wait until you get a response. If you are rejected, there is no harm in re-applying next year. If you are offered a place, a request for deferral will not be looked upon badly.

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