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 to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS obtained experiences about some accommodation suppliers who demand NSFAS-funded students to pay a deposit or top-up payment so as to get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement among the personal accommodation companies and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease are going to be paid out monthly towards the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not involve or permit the lessee to pay for a deposit, top-up payments, or another sorts of payment to the lessor, or some other person in reference to this agreement, like payment of hire, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions read more for private accommodation suppliers’ participation on the student accommodation nsfas login portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect decision by NSFAS, the scholar won't be responsible for payment of any arrear rent to your accommodation provider, up right up until the day of being defunded."
NSFAS explained that nsfas status check where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be liable for payment of rent towards the lessor from your day of being 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 for nsfas the student own account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the click here agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za