Accommodation providers urged to halt demanding deposit from NSFAS funded students
Accommodation providers urged to halt demanding deposit from NSFAS funded 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 comes following NSFAS been given stories about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get entry to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement in between the non-public accommodation suppliers and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent are going to be paid regular monthly towards the accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or some other varieties of payment for the lessor, or another person in connection with this arrangement, which includes payment of hire, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default from the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the more info student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the coed won't be answerable for payment of any arrear rent towards the accommodation supplier, up until the date of being defunded."
NSFAS described that the place the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by more info NSFAS, the scholar are going to be chargeable for nsfas document submission deadline payment of hire to your lessor within the day of being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, read more the student must immediately vacate the leased property; and will be liable for payment of all rent nsfas student document submission deadline 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 in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za