Accommodation vendors urged to halt demanding deposit from NSFAS funded university students
Accommodation vendors urged to halt demanding deposit from NSFAS funded university 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 soon after NSFAS gained reports about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment in an effort to get entry to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers with the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement in between the personal accommodation suppliers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will be paid out monthly into the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay a deposit, top-up payments, or almost every other sorts of payment to the lessor, or another person in reference to this agreement, read more including payment of rent, while awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default while in the payment of rent by NSFAS," the arrangement 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 due to an incorrect selection by NSFAS, the coed won't be answerable for payment of any arrear rent for the accommodation provider, up right up until the date nsfas student allowances of being defunded."
NSFAS described that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding remaining defunded by NSFAS, the scholar is going to be accountable for payment of lease into the lessor within 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 be for the read more student website 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 website NSFAS for this purpose.
From: SAnews.gov.za