Accommodation vendors urged to stop demanding deposit from NSFAS funded college students
Accommodation vendors urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS received stories about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get entry to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers from the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement between the personal accommodation suppliers and NSFAS funded students," NSFAS stated in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease will probably be paid regular for the accommodation supplier (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay a deposit, top-up payments, or almost every other forms of payment on the lessor, or another person in connection with this arrangement, which includes payment of lease, whilst awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default within the payment of rent check here by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation providers’ participation on nsfas login the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect decision by NSFAS, the student won't be accountable for payment of any arrear rent to your accommodation provider, up right up until the day of being defunded."
NSFAS spelled out that where by the NSFAS-funded nsfas university allowances student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the student are going to be accountable for payment of lease for the lessor through the day of remaining 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 click here 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 check here in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za