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 require a deposit or top-up payment from NSFAS-funded students.
This comes following NSFAS acquired experiences about some accommodation companies who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers from the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement among the private accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will likely be paid every month for the accommodation supplier (lessor) by NSFAS, on behalf on 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 demand or permit the lessee to pay a deposit, top-up payments, or every other types of payment towards the lessor, or any other person in connection with this agreement, like payment of hire, though awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default while in nsfas status check the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect choice by NSFAS, the scholar will not be answerable for payment of any arrear rent for the accommodation service provider, up until nsfas login the date of being defunded."
NSFAS stated that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, read more the scholar is going to be answerable for payment of rent into the lessor through the day of remaining defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by click here the lessee/guardian at any stage, the student must immediately vacate the leased property; and nsfas student document submission deadline 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 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