LSE has taken the decision not to allow deferrals from one academic year to the next. If you decide that you do not wish to take up your place, you should instead reinstate your application for consideration in the following year. As someone who was previously offered a place it is very likely that you will again be made an offer, but it is fairer to be considered alongside the cohort for entry in the year you actually intend to study. Please note that for technical reasons it is not possible to reinstate your application more than once. If you wish to be considered for a third cycle, you need then to apply from scratch in that year.