Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded 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 after NSFAS been given reports about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get entry to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the obligatory conditions, as provided by the Standardised Fixed-Term Lease Settlement involving the private accommodation companies and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease are going to be paid month to month on the accommodation company (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or permit the lessee to pay for a deposit, top-up payments, or another kinds of payment into the lessor, or another person in reference to this agreement, together with payment of lease, even though awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student get more info accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of website an incorrect choice by NSFAS, the coed won't be chargeable for payment of any arrear rent towards the accommodation provider, up right up until the day of being defunded."
NSFAS stated that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, the scholar are nsfas academic pathways going to be accountable for payment of hire into the lessor through the day of becoming 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 check here 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 nsfas allowances agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za