Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS been given stories about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment so that you can get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers from the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement in between the private accommodation suppliers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease is going to be paid month-to-month to the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation vendors’ 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 sorts of payment to your lessor, or some other person in reference to this agreement, which include payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default during 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 here that: check here "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the coed won't be liable for payment of any arrear rent for the accommodation service provider, up until the date of being defunded."
NSFAS defined that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar are going to be liable for payment of rent on the lessor with the day of being defunded.
"Where the nsfas status check 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 website 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 read more agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za