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 require a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS gained reports about some accommodation providers who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get entry to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of your compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement involving the private accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent might be paid regular on the accommodation supplier (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay for a deposit, top-up payments, or every other sorts of payment on the lessor, or another person in connection with this arrangement, such as payment of hire, whilst awaiting payment from NSFAS. The lessor shall don't have any recourse against the click here lessee for any default inside 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 the NSFAS-funded student is defunded as a consequence of an incorrect choice by NSFAS, the scholar will not be chargeable for payment of any arrear rent to the accommodation service provider, up until the day of being website defunded."
NSFAS stated that exactly where the NSFAS-funded read more student chooses to continue occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student is going to be answerable for payment of rent for the lessor within the day of getting 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 student own account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding the nsfas student allowances interpretation or implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for nsfas application delay this purpose.
From: SAnews.gov.za