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 not to require a deposit or top-up payment from NSFAS-funded students.
This comes following NSFAS obtained experiences about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment as a way to get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of your obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement concerning the non-public accommodation suppliers and NSFAS funded students," NSFAS explained in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will probably be paid monthly for the accommodation supplier (lessor) by NSFAS, on behalf of 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 permit the lessee to pay a deposit, top-up payments, or any other types of payment towards the lessor, or every other person in connection with this agreement, together with payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation providers’ participation nsfas university allowances on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect decision by NSFAS, the scholar won't be liable for payment of any arrear rent to the accommodation service provider, up until the day of being defunded."
NSFAS click here spelled out that wherever the NSFAS-funded student chooses to continue nsfas allowances occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar is going to be accountable for payment of hire on the lessor from your day of currently 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 check here student moves, accommodation providers without the prior approval of NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, nsfas login and 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