Accommodation companies urged to end demanding deposit from NSFAS funded university students
Accommodation companies urged to end demanding deposit from NSFAS funded university 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 just after NSFAS been given experiences about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment as a way to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers in the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement among the non-public accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease might be paid out every month for the accommodation supplier (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not involve or permit the lessee to pay for a deposit, top-up payments, or some other forms of payment to your lessor, or some other person in reference to this agreement, which include payment of rent, when awaiting payment from NSFAS. The more info lessor shall have no recourse from the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where get more info the NSFAS-funded student is defunded nsfas tvet as a consequence of an incorrect decision by NSFAS, the coed won't be liable for payment of any arrear rent into the accommodation company, up until the day of being defunded."
NSFAS discussed that where the NSFAS-funded student chooses to continue here occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be accountable for payment of lease for the lessor with 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; 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 get more info 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 purpose.
From: SAnews.gov.za