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 never to require a deposit or top-up payment from NSFAS-funded students.
This comes after NSFAS obtained experiences about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of your obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement involving the non-public accommodation providers and NSFAS funded students," NSFAS explained in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will probably be paid every month into the accommodation service provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay a deposit, top-up payments, or every other kinds of payment on the lessor, or some other person in connection with this agreement, such as payment of rent, while awaiting payment from NSFAS. The lessor shall haven't any recourse from the lessee for any click here default from the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for nsfas eligibility criteria private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect selection by NSFAS, the student will not be liable for payment of any arrear rent to your accommodation provider, up till the day of being defunded."
NSFAS defined that wherever the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar will be chargeable for payment of hire for the lessor within the date of being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the read more 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 check here interpretation or implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for check here this purpose.
From: SAnews.gov.za