Accommodation vendors urged to end demanding deposit from NSFAS funded students
Accommodation vendors urged to end demanding deposit from NSFAS funded 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 following NSFAS acquired experiences about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment in order to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers on the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Settlement concerning the private accommodation suppliers and NSFAS funded students," NSFAS stated in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will likely be paid out regular to your accommodation supplier (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 another kinds of payment towards the lessor, or almost every other person in connection with this arrangement, which includes payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default inside the website payment of rent by NSFAS," here the arrangement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect selection by NSFAS, the coed won't be liable for payment of any arrear rent on the accommodation supplier, up right until the date of being defunded."
NSFAS stated that the place the NSFAS-funded student chooses to carry on occupying the read more leased premises, notwithstanding getting defunded by NSFAS, the scholar will be answerable for payment of rent on the lessor with 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 nsfas 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 nsfas university allowances 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