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 never to demand a deposit or top-up payment from NSFAS-funded students.
This comes following NSFAS obtained reports about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get usage of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers with the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement amongst the private accommodation suppliers and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent is going to be paid monthly on the accommodation provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not need or permit the lessee to pay a deposit, top-up payments, or almost every other sorts of payment towards the lessor, or some other person in connection with this agreement, which includes payment of lease, although awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default from 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 resulting from an incorrect selection by read more NSFAS, the coed will not be accountable for payment of any arrear rent for the accommodation service provider, up until eventually the day of being defunded."
NSFAS stated that where the nsfas document submission deadline NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be responsible for payment of hire to your lessor more info through the date 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 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 check here student own account," the scheme said.
The scheme emphasised that any dispute arising between get more info 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