Accommodation suppliers urged to end demanding deposit from NSFAS funded university students
Accommodation suppliers urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS gained reports about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment in order to get usage of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement involving the non-public accommodation companies and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease is going to be paid out regular to the accommodation supplier (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or another forms of payment towards the lessor, or every other person in connection with this agreement, such as payment of rent, whilst awaiting payment from NSFAS. The lessor shall have no recourse towards the lessee for any default inside the payment of more info rent by NSFAS," the get more info agreement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states here that: "Where the NSFAS-funded student is defunded as a result of an incorrect choice by NSFAS, the student won't be chargeable for payment of any arrear rent to your accommodation company, up until eventually the date of being defunded."
NSFAS defined that where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar is going to be accountable for payment of rent to your lessor from your day of currently being 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, NSFAS may elect not to pay any rental to the new accommodation provider, and any such rental read more payments will be for the student own account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt nsfas login with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za