<p>Excuse me for my ignorance, but what is enrollment deposit? Also, what is housing deposit? I've read that enrollment deposit is an amount of dollars(a few hundreds) you have to pay when you choose to enroll to a college, but what happens later with it?</p>
<p>Generally, the deposit holds your spot. The housing deposit holds a bed for you. These are your way of committing to the school and the school’s acceptance of the deposit is a commitment to you as well. These are typically not refundable. The enrollment deposit is typically credited toward your first term tuition or comprehensive fee.</p>