Accommodation providers urged to stop demanding deposit from NSFAS funded students
Accommodation providers urged to stop demanding deposit from NSFAS funded 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 arrives right after NSFAS obtained experiences about some accommodation vendors who require NSFAS-funded students to pay for a deposit or top-up payment so that you can get access to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of your obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement amongst the non-public accommodation providers and NSFAS funded students," NSFAS stated in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease will be paid monthly for the accommodation service provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or almost every other types of payment on the lessor, or another person in connection with this arrangement, like payment of hire, when awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default from the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is get more info defunded because of an incorrect determination by NSFAS, the scholar will not be accountable for payment of any arrear rent for the accommodation provider, up until finally the day of being defunded."
NSFAS described that in which the NSFAS-funded student chooses to carry on click here occupying the nsfas student allowances leased premises, notwithstanding being defunded by NSFAS, the student are going to be liable for payment of lease for the lessor within the date of currently being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must nsfas academic pathways 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 get more info 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 procedure determined by NSFAS for this purpose.
From: SAnews.gov.za