Accommodation providers urged to end demanding deposit from NSFAS funded students
Accommodation providers urged to end demanding deposit from NSFAS funded 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 comes immediately after NSFAS obtained experiences about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment so as to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement involving the personal accommodation companies and NSFAS funded students," NSFAS mentioned in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease will probably be paid out regular to the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay for a deposit, top-up payments, or some other varieties of payment to your lessor, or almost every other person in reference to this arrangement, together with payment of hire, though awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default from the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect choice by NSFAS, the student will not read more be chargeable for payment of any arrear rent for the accommodation service provider, up right up until the day of being defunded."
NSFAS stated that the place the NSFAS-funded student read more chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student is going to be accountable for payment of lease towards click here the lessor from your 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 nsfas document submission deadline for the student own account," the scheme said.
The read more 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