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 to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives following NSFAS been given experiences about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment in order to get entry to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers on the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation companies and NSFAS funded students," NSFAS stated in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will probably be paid out regular monthly for the accommodation company (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation vendors’ 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 sorts of payment towards the lessor, or any other person in reference to this agreement, together with payment of lease, while awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation suppliers’ participation on the student check here accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect selection by NSFAS, the scholar will not be accountable for payment of any arrear rent on the accommodation supplier, up right up until the day read more of being defunded."
NSFAS stated that in which the NSFAS-funded nsfas document submission deadline student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the student is going to be chargeable for payment of lease to your lessor with the day of staying 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 nsfas student document submission deadline be here 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 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