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 soon after NSFAS obtained reports about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get access to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement concerning the non-public accommodation companies and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent might be paid out regular towards the accommodation company (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with 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 for a deposit, top-up payments, or any other kinds of payment to the lessor, or some other person in connection with this agreement, which include payment of hire, though awaiting payment from NSFAS. The lessor shall haven't any recourse from the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal click here also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect determination by NSFAS, the coed will not be responsible for payment of any arrear rent check here for the accommodation supplier, up right up until the day of being defunded."
NSFAS explained that in which the NSFAS-funded student chooses to carry on occupying more info the leased premises, notwithstanding getting defunded by NSFAS, the scholar is going to be liable for payment of hire on the lessor in the date 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 click here 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 nsfas student allowances 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