Accommodation vendors urged to end demanding deposit from NSFAS funded students
Accommodation vendors urged to end demanding deposit from NSFAS funded 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 arrives immediately after NSFAS obtained stories about some accommodation companies who require NSFAS-funded students to pay for a deposit or top-up payment in order to get access to the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement between the personal accommodation providers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease is going to be paid month-to-month into the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay a deposit, top-up payments, or almost every other types of payment to your lessor, or some other person in reference to this arrangement, which includes payment of lease, though awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default during the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also here states that: "Where the NSFAS-funded student is here defunded due to an incorrect decision by NSFAS, the student will not be responsible for payment of any arrear rent on the accommodation company, up right until the day of being defunded."
NSFAS nsfas student document submission deadline stated that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar is going to be accountable for payment of rent into the lessor within the day of getting defunded.
"Where the student is defunded by NSFAS due to a misrepresentation nsfas student document submission deadline 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 be for the student own account," click here 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