Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives soon after NSFAS received reports about some accommodation companies who require NSFAS-funded students to pay a deposit or top-up payment in an effort to get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers in the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement involving the personal accommodation companies and NSFAS funded students," NSFAS said in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will be paid regular monthly for the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay for a deposit, top-up payments, or every other forms of payment to your lessor, or every other person in reference to this agreement, which include payment of rent, when awaiting payment from NSFAS. The lessor shall nsfas eligibility criteria have no recourse from the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The NSFAS check here conditions and read more terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect choice by NSFAS, the scholar won't be accountable for payment of any arrear rent to your accommodation supplier, up until eventually the date of being defunded."
NSFAS spelled out that in which the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding currently more info being defunded by NSFAS, the student is going to be responsible for payment of rent on the lessor from the date of currently being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at get more info 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 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