Accommodation providers urged to end demanding deposit from NSFAS funded university students
Accommodation providers 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 comes soon after NSFAS been given experiences about some accommodation vendors who require NSFAS-funded students to pay a deposit or top-up payment to be able to get use of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement among the non-public accommodation companies and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will likely be paid monthly for the accommodation company (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay a deposit, top-up payments, or any other types of payment towards the lessor, or some other person in connection with this nsfas allowances agreement, including payment of lease, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse from the lessee for any default while in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect determination by NSFAS, the coed will not be liable for payment of any arrear rent on the accommodation company, up until the more info day of being defunded."
NSFAS spelled out that wherever the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, nsfas allowances the scholar is going to be responsible for payment of rent towards the lessor within nsfas university allowances 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 click here 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