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OOP deposit - refundable?


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I have a friend who received an acceptance notification in April a few years back, and was required to pay a deposit to hold her spot. April is fairly early to decide since she still had two interviews at other schools after receiving the offer from UofS. She decided to pay the deposit anyways, but said the cheque wasn't cashed until AFTER May 15th.

 

(out of curiosity since this is obviously not my situation and probably won't be):

Was this deposit refundable - i.e. wouldn't have been cashed in - if the student had declined the spot BEFORE May 15th?

 

Thanks.

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