Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS received experiences about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get entry to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement concerning the personal accommodation providers and NSFAS funded students," NSFAS explained in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent is going to be paid out every month for the accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private 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 another types of payment to your lessor, or any other person in connection with this agreement, like payment of lease, nsfas allowances though awaiting payment from NSFAS. The lessor shall have no recourse towards the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student nsfas allowances is defunded resulting from an incorrect choice by NSFAS, the scholar won't be chargeable for payment of any arrear rent to your accommodation company, up till the day of being defunded."
NSFAS discussed that where by the NSFAS-funded student nsfas document submission deadline chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be accountable for payment of lease on the lessor within the date of becoming 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 click here 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 for this here purpose.
From: SAnews.gov.za