Accommodation providers urged to halt demanding deposit from NSFAS funded students
Accommodation providers urged to halt demanding deposit from NSFAS funded 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 right after NSFAS been given reports about some accommodation companies who require NSFAS-funded students to pay a deposit or top-up payment in an effort to get entry to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement concerning the private accommodation suppliers and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will likely be paid out month to month to your accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay a deposit, top-up payments, or almost every other forms of payment to the lessor, or every other person in reference to this agreement, such as payment of rent, while more info awaiting payment from NSFAS. The lessor shall haven't any recourse versus 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 here defunded as a result of an incorrect choice by NSFAS, the scholar will not be liable for payment of any arrear rent to your accommodation supplier, up till the day of being defunded."
NSFAS described that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the nsfas student allowances student will be chargeable for payment of hire towards the lessor with the day 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 own account," the scheme said.
The scheme emphasised that any dispute more info arising between the parties regarding the interpretation or implementation of the agreement, must be dealt with in get more info accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za