What is the IPBS refund policy concerning the initial EUR 1,000 deposit?

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What is the IPBS refund policy concerning the initial EUR 1,000 deposit?

As the application form and website clearly state, the initial EUR 1000, deposited to confirm your decision to accept your place and proceed to the enrollment phase,  is not refundable in case of withdrawal.
However, should you not meet the minimum enrollment requirements stated in the Study Place Offer after having accepted your place; you can file a request for the refund of the initial EUR 1,000 with the IPBS – MIM mimoffice@ipbsmim.com.
Your request will be presented at the next meeting of the IPBS Board of Directors. The decision taken by the MIM Programme Directors of IPBS is final, with no possible appeal.