Accommodation vendors urged to halt demanding deposit from NSFAS funded college students
Accommodation vendors urged to halt demanding deposit from NSFAS funded college 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 arrives right after NSFAS acquired reports about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment in an effort to get usage of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers with the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement in between the non-public accommodation vendors and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease might be paid regular on the accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay a deposit, top-up payments, or another kinds of payment for the lessor, or every other person in reference to this agreement, which includes payment of rent, nsfas document submission deadline while awaiting payment from NSFAS. The lessor shall don't have any recourse towards the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions more info for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect decision by NSFAS, the student won't be accountable for payment of any arrear rent into the accommodation supplier, up until the day of being defunded."
NSFAS stated that where by the NSFAS-funded student chooses to continue check here occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student are going to be accountable for payment of lease to the lessor with the day of being defunded.
"Where the student is defunded by NSFAS due here 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 read more 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