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 to not demand a deposit or top-up payment from NSFAS-funded students.
This comes right after NSFAS received reports about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment so as to get use of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of your obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement in between the personal accommodation vendors and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent might be paid every month on the accommodation supplier (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not need or permit the lessee to pay for a deposit, top-up payments, or some other kinds of payment on the lessor, or another person in connection with this agreement, including payment of hire, although awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default in the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the scholar won't be chargeable for payment of any arrear rent into the accommodation supplier, up until finally the day of being defunded."
NSFAS defined that exactly where the NSFAS-funded student click here chooses to more info carry read more on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be accountable for payment of lease into the lessor in the date 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 vacate the click here 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 nsfas document submission deadline 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