Accommodation providers urged to stop demanding deposit from NSFAS funded students
Accommodation providers urged to stop demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS received reports about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment in an effort to get access to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement between the non-public accommodation companies and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will be paid regular monthly on the accommodation provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay for a deposit, top-up payments, or almost every other types of payment to the lessor, or almost every other person in reference to this arrangement, like payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default while in the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded click here student is defunded as a consequence of an incorrect decision by NSFAS, the coed will not be answerable for payment of any arrear rent to the accommodation provider, up right until the day of being defunded."
NSFAS defined that more info where nsfas student document submission deadline by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, the scholar will be accountable for payment of rent towards the lessor from your date of becoming defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for payment of all rent due to the accommodation provider.
"Where the student moves, accommodation providers without the prior approval of nsfas application delay NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, and any such rental payments will be for the student own account," the scheme said.
The scheme emphasised that any dispute arising between click here the parties regarding the interpretation or implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za