Accommodation suppliers urged to end demanding deposit from NSFAS funded university students
Accommodation suppliers urged to end 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 right after NSFAS obtained experiences about some accommodation companies who demand NSFAS-funded students to pay a deposit or top-up payment in order to get usage of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies with the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement between the private accommodation suppliers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent might be paid every month to your accommodation service provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not need or permit the lessee to pay a deposit, top-up payments, or some other types of payment to the lessor, or another person in connection with this agreement, which includes payment of rent, get more info though awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect decision by NSFAS, the student will not be chargeable for payment of any arrear rent into the accommodation supplier, get more info up right until the date of being defunded."
NSFAS described that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar is going to be accountable for payment of lease into the lessor with the day of remaining defunded.
"Where the student is defunded by NSFAS nsfas eligibility criteria 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 dealt with in accordance with any dispute resolution nsfas university allowances procedure determined by read more NSFAS for this purpose.
From: SAnews.gov.za