Can you reject a college's acceptance offer and then reapply again in the future?

Hello! I just recently had been offered an option to enroll to UCF during the spring of 2017, however, I already paid tuition tat FAU to enroll in the fall of 2016. Originally I wanted to attend to UCF for the summer but I got deferred. I was wondering if I decided to take 2 years of tuition at FAU, can I reapply to UCF after declining their offer for the Spring? I just prefer to start school at least in the fall.

Yes. There will be no issues with declining and reapplying later.