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 demand a deposit or top-up payment from NSFAS-funded students.
This comes following NSFAS gained stories about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get use of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers with the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement among the private accommodation companies and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease might be paid regular 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 personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or almost every other varieties of payment towards the lessor, or every other person in connection with this agreement, which include payment of hire, when awaiting payment from NSFAS. The lessor shall haven't any more info recourse from the lessee for any default while in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for nsfas private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect determination by NSFAS, the scholar will not be accountable for payment of any arrear rent on the accommodation supplier, up right until the date of being defunded."
NSFAS stated that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying click here defunded by NSFAS, the student are going to be liable for payment of lease to the lessor within the date of remaining defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by website 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 read more 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