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 to not demand a deposit or top-up payment from NSFAS-funded students.
This comes soon after NSFAS acquired experiences about some accommodation vendors who require NSFAS-funded students to pay for a deposit or top-up payment so as to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers in the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement concerning the private accommodation companies and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent are going to be paid out regular on the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay for a deposit, top-up payments, or another kinds of payment for the lessor, or every other person in reference to this arrangement, together with payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the scholar won't nsfas university allowances be accountable for payment of any arrear rent towards the accommodation company, up right up until the date of being defunded."
NSFAS stated that where by the NSFAS-funded student nsfas status check chooses to nsfas status check continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the student will be accountable for payment of lease to your lessor from your date of becoming defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student more info 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 nsfas document submission deadline 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