Accommodation vendors urged to end demanding deposit from NSFAS funded students
Accommodation vendors urged to end demanding deposit from NSFAS funded 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 immediately after NSFAS been given stories about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment so as to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement involving the private accommodation providers and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will be paid out month to month into the accommodation service provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay a deposit, top-up payments, or some other forms of payment for the lessor, or some other person in reference to this agreement, such as payment of rent, though awaiting payment from NSFAS. The lessor shall have no recourse from the lessee for any default within the payment of rent by more info 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 as a consequence of an incorrect choice by NSFAS, the coed won't be accountable for payment of any arrear rent to your accommodation service provider, up right up until the day of being defunded."
NSFAS defined that the place the NSFAS-funded student chooses to read more carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going to be chargeable for payment of hire to the lessor from your date of more info currently being nsfas eligibility criteria 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 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 nsfas allowances for this purpose.
From: SAnews.gov.za