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 not to demand a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS obtained reports about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get use of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement in between the personal accommodation suppliers and NSFAS funded students," NSFAS reported in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease will probably be paid regular to your accommodation service provider (lessor) by NSFAS, on behalf of your 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 require or allow the lessee to pay for a deposit, top-up payments, or another varieties of payment to your lessor, or some other person in connection with this arrangement, like payment of rent, while awaiting payment from NSFAS. The lessor shall check here have no recourse versus the lessee for any default within the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation providers’ participation on the nsfas student document submission deadline student accommodation portal also states that: "Where the nsfas document submission deadline NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the coed won't be chargeable for payment of any arrear rent into the accommodation company, up right until the day of being defunded."
NSFAS discussed that wherever the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded check here by NSFAS, the student are going to be accountable for payment of hire to the lessor with the date of staying 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 the student get more info 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