Accommodation suppliers urged to end demanding deposit from NSFAS funded college students
Accommodation suppliers urged to end demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This comes after NSFAS been given stories about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment so that you can get entry to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies with the obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement concerning the private accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will likely be paid out regular monthly towards the accommodation service provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or another varieties of payment to the lessor, or some other person in reference to this arrangement, which includes payment of hire, when awaiting payment from NSFAS. The nsfas lessor shall have no recourse versus the lessee for any default while 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 check here that: "Where the NSFAS-funded student is defunded on account of an incorrect determination by NSFAS, the coed won't be answerable for payment of any arrear rent for the accommodation nsfas application delay company, up until eventually the day of being defunded."
NSFAS explained that in which the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding read more currently being defunded by NSFAS, the student are more info going to be answerable for payment of hire for the lessor in the day of remaining 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 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