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 not to demand a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS gained experiences about some accommodation providers who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies in the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement between the non-public accommodation suppliers and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease are going to be paid out regular on the accommodation provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or some other forms of payment to your lessor, or every other person in get more info connection with this agreement, including 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 terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect determination by NSFAS, the scholar won't be chargeable for payment of any arrear rent into the accommodation provider, up right up until the day of being defunded."
NSFAS spelled out that where 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 to the click here 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 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 click here pay any rental to the new accommodation provider, and any such rental payments will be for the student own account," the scheme said.
The here scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt with nsfas login in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za