Accommodation suppliers urged to halt demanding deposit from NSFAS funded college students
Accommodation suppliers urged to halt 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 soon after NSFAS received experiences about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment in order to get access to the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement involving the personal accommodation providers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease is going to be paid month-to-month into the accommodation company (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation providers’ 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 towards the lessor, or almost every other person in connection with this agreement, like payment of lease, though awaiting payment from NSFAS. The lessor shall have no recourse from the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for here private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect selection by NSFAS, the scholar won't be accountable for payment of any arrear rent to your accommodation service provider, up until finally the date of being defunded."
NSFAS spelled out that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded website by NSFAS, the student will be liable for read more payment of lease on the lessor with the 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 student moves, accommodation providers without the prior approval of NSFAS, NSFAS may elect not to pay any rental to the new accommodation nsfas status check 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 nsfas student allowances for this purpose.
From: SAnews.gov.za