Accommodation suppliers urged to halt demanding deposit from NSFAS funded university students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded university 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 comes immediately after NSFAS been given stories about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get access to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement involving the private accommodation vendors and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out month to month to the accommodation provider (lessor) by NSFAS, on behalf of 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 call for or permit the lessee to pay for a deposit, top-up payments, or some other types of payment into the lessor, or another person in reference more info to this agreement, like payment of rent, although awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default within the payment of click here rent by NSFAS," the agreement check here reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: nsfas tvet "Where the NSFAS-funded student is defunded resulting from an incorrect determination by NSFAS, the student will not be chargeable for payment of any arrear rent on the accommodation service provider, up until finally the date of being defunded."
NSFAS discussed that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student are going to be responsible for payment of lease to your lessor within the date of becoming 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 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 agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za