Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This comes immediately after NSFAS gained stories about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get access to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement amongst the non-public accommodation vendors and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will be paid out every month for the accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not call for or allow the lessee to pay a deposit, top-up payments, or any other sorts of payment for the lessor, or any other person in reference to this agreement, together with payment of lease, while awaiting payment from NSFAS. The lessor shall don't have any nsfas university allowances recourse in opposition to the lessee for any default from the payment of get more info rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions 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 coed will not be liable for payment of any arrear rent to your accommodation supplier, up until the date of being defunded."
NSFAS spelled nsfas student document submission deadline out that in which the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar is going to be responsible for payment of hire towards the lessor from the day of 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 more info 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 here by NSFAS for this purpose.
From: SAnews.gov.za