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 not to demand a deposit or top-up payment from NSFAS-funded students.
This comes just after NSFAS been given reports about some accommodation companies who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation providers and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease is going to be paid monthly for the accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private 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 almost every other varieties of payment to the lessor, or every other person in connection with this agreement, like payment of lease, when awaiting payment more info 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 website accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect selection by NSFAS, the coed will not be accountable for payment of any arrear rent towards the accommodation provider, up right up until the day of being defunded."
NSFAS stated that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding getting defunded by NSFAS, the student are going to be responsible for payment of rent into the lessor with the get more info date of 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 more info 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 read more 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