Accommodation suppliers urged to halt demanding deposit from NSFAS funded university students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This arrives right after NSFAS gained experiences about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment so as to get use of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement in between the non-public accommodation suppliers and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent are going to be paid regular monthly for the accommodation service provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay a deposit, top-up payments, or every other types of payment into the lessor, or any other person in connection with this agreement, like payment of lease, even though awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any more info default 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 that: "Where the NSFAS-funded student is defunded resulting from an incorrect decision by NSFAS, the coed will not be responsible for payment of any arrear rent for the accommodation service provider, up right up until the day of being defunded."
NSFAS defined that the place the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going to be answerable for payment of rent towards the lessor through 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 more info 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 more info parties regarding the interpretation or implementation of the agreement, must be dealt with in nsfas accordance with any dispute resolution procedure determined by NSFAS website for this purpose.
From: SAnews.gov.za