Accommodation providers urged to halt demanding deposit from NSFAS funded students
Accommodation providers urged to halt demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This comes just after NSFAS been given experiences about some accommodation suppliers who demand NSFAS-funded students to pay a deposit or top-up payment as a way to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement concerning the private accommodation suppliers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will likely be paid out every month for the accommodation company (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or any other forms of payment towards the lessor, or another person in reference to this arrangement, together with payment of get more info lease, although awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default in the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states that: nsfas "Where the NSFAS-funded student is defunded as a consequence of an incorrect determination by NSFAS, the student won't be chargeable for payment of any arrear rent to the accommodation provider, up until eventually the date of being defunded."
NSFAS discussed that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student are going to be liable for payment of rent towards the lessor through the 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 more info 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 more info accommodation provider, and any such rental click here 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 with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za