Accommodation vendors urged to halt demanding deposit from NSFAS funded university students
Accommodation vendors urged to halt 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 following NSFAS been given reports about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment in an effort to get use of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement concerning the non-public accommodation providers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent is going to be paid monthly towards the accommodation supplier (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay a deposit, top-up payments, or every other sorts of payment to the lessor, or another person in connection with this arrangement, such as payment of hire, when awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee more info for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on nsfas document submission deadline the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect selection by NSFAS, the coed will not be liable for payment of any arrear rent on the accommodation service provider, up until finally the day of being defunded."
NSFAS explained that in which the NSFAS-funded student chooses to carry on occupying the leased premises, check here notwithstanding being defunded by NSFAS, the student is going to be chargeable for payment of hire to 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 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 website dealt with in accordance with any dispute resolution procedure website determined by NSFAS for this purpose.
From: SAnews.gov.za