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 to not require a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS been given reports about some accommodation companies who demand NSFAS-funded students to pay a deposit or top-up payment to be able to get usage of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement concerning the private accommodation companies and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent might be paid out regular into the accommodation service provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay a deposit, top-up payments, or every other types of payment to your lessor, or another person in reference to this agreement, which includes payment of rent, whilst awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default while in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student nsfas application delay is defunded because of an incorrect determination by NSFAS, the scholar won't be answerable for payment of any arrear rent into the accommodation service provider, up right until the day of being defunded."
NSFAS spelled out that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the student are going to be answerable for payment of more info lease to your lessor through the date of becoming defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the nsfas status check 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 read more the prior approval of NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, and any such rental more info 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