Accommodation companies urged to halt demanding deposit from NSFAS funded students
Accommodation companies urged to halt 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 arrives after NSFAS acquired stories about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment in an effort to get access to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement involving the personal accommodation suppliers and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent might be paid out monthly towards the accommodation provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay for a deposit, top-up payments, or almost every other kinds of payment towards the lessor, or another person in connection with this arrangement, which include payment of lease, when awaiting payment from NSFAS. The lessor shall don't have any recourse against the lessee for any default in the payment of rent by NSFAS," the check here agreement 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 nsfas allowances incorrect determination by NSFAS, the coed will not be chargeable for payment of any arrear rent towards the accommodation company, up right up until the day of being defunded."
NSFAS stated that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going to be responsible for payment of rent towards the lessor in the day of currently being defunded.
"Where the student is defunded by NSFAS due to read more 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 read more any dispute resolution procedure determined nsfas allowances by NSFAS for this purpose.
From: SAnews.gov.za