Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This comes soon after NSFAS gained experiences about some accommodation companies who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors in the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Agreement in between the private accommodation companies and NSFAS funded students," NSFAS explained in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent is going to be paid regular into the accommodation provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not need or allow the lessee to pay a deposit, top-up payments, or any other forms of payment for the lessor, or almost every other person in connection with this arrangement, like payment of rent, although awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and read more terms for private accommodation providers’ participation check here on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect decision by NSFAS, the coed won't be liable for payment of any arrear rent on the accommodation provider, up until finally the date of being defunded."
NSFAS spelled out that where the NSFAS-funded student chooses to continue occupying the nsfas university allowances leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be liable for payment of rent for the lessor from your date of getting 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 check here student click here 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