Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This comes immediately after NSFAS acquired experiences about some accommodation companies who need NSFAS-funded students to pay for a deposit or top-up payment as a way to get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement between the private accommodation companies and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease are going to be paid out month to month to your accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay a deposit, top-up payments, or another varieties of payment into the lessor, or almost every other person in connection with this agreement, together with payment of rent, when awaiting payment from NSFAS. The more info lessor shall have no recourse versus the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect determination by NSFAS, the nsfas application delay coed won't be responsible for payment of any arrear rent to the accommodation company, up until the date of being defunded."
NSFAS described that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student will be accountable for nsfas eligibility criteria payment of hire towards the lessor from the day of remaining defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by more info 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 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 read more dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za