Accommodation providers urged to end demanding deposit from NSFAS funded university students
Accommodation providers urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS gained stories about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get access to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement between the private accommodation providers and NSFAS funded students," NSFAS explained in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will probably be paid regular into the accommodation service provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal 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 almost every other sorts of payment for the lessor, or some other person in reference to this agreement, which includes payment of lease, although awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect selection by NSFAS, the student won't be accountable for payment of any arrear rent towards the accommodation company, up right up until the day of nsfas eligibility criteria being defunded."
NSFAS described that the place the NSFAS-funded student chooses to continue occupying the check here leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be accountable for payment of lease to your lessor within the day of staying defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must immediately here vacate the leased property; and will be liable for payment of all rent due to the accommodation provider.
"Where the student moves, accommodation get more info 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 nsfas student document submission deadline dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za