Accommodation companies urged to stop demanding deposit from NSFAS funded university students
Accommodation companies urged to stop 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 following NSFAS acquired experiences about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment to be able to get access to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies on the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement between the non-public accommodation suppliers and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will be paid out regular monthly to your accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or another sorts of payment to the lessor, or every other person in reference to this arrangement, including payment of hire, although awaiting payment from NSFAS. The lessor shall don't have any recourse versus the lessee for any nsfas student document submission deadline default within the payment of rent by NSFAS," the more info agreement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect decision by NSFAS, the coed will not be accountable for payment of any arrear rent towards the accommodation service provider, up right until the day of being defunded."
NSFAS discussed that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being website defunded by NSFAS, the scholar is going to be chargeable for payment of hire into the lessor in the date of currently being 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; click here 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 click here for this purpose.
From: SAnews.gov.za