Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded college 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 comes after NSFAS been given stories about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement concerning the personal accommodation vendors and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent might be paid out regular to your accommodation provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay for a deposit, top-up payments, or any other types of payment for the lessor, or almost every other person in reference to this arrangement, together with payment of hire, while awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default inside the payment of rent by NSFAS," the agreement reads.
The nsfas university allowances NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal nsfas student document submission deadline also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect determination by NSFAS, the scholar won't be responsible for payment of any arrear rent for the accommodation supplier, up until finally the day of being defunded."
NSFAS described that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, the scholar will be chargeable for payment of rent on the lessor in the day of getting 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 check here to the new nsfas university allowances accommodation provider, and any such rental payments will be for the student own account," check here 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