Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives right after NSFAS been given reports about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get usage of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of your compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement amongst the private accommodation providers and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will be paid month to month to the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or any other kinds of payment on the lessor, or every other person in reference to this agreement, including payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't nsfas student allowances any recourse in opposition to the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the student will not be answerable for payment of any arrear rent on the accommodation supplier, up until eventually the day of being defunded."
NSFAS explained that the place the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar is check here going to be accountable for payment of hire on the lessor with the date of becoming 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 nsfas for the student own account," the scheme said.
The scheme emphasised that any dispute read more 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 website NSFAS for this purpose.
From: SAnews.gov.za