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 never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS acquired experiences about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get access to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers on the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement amongst the private accommodation providers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will be paid monthly towards the accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not need or allow the lessee to pay for a deposit, top-up payments, or almost every other kinds of payment into the lessor, or almost every other person in connection nsfas academic pathways with this agreement, such as payment of nsfas student allowances rent, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect decision by NSFAS, the coed won't be responsible for payment of any arrear rent to the accommodation company, up until the date of being defunded."
NSFAS stated that in which the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going read more to be answerable for payment of rent for the lessor with 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 here 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 get more info 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