Accommodation providers urged to end demanding deposit from NSFAS funded university students
Accommodation providers urged to end demanding deposit from NSFAS funded university 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 comes soon after NSFAS received reports about some accommodation companies who need NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors in the compulsory conditions, as provided by the Standardised Fixed-Term Lease Arrangement involving the non-public accommodation vendors and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will be paid every month towards the accommodation provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not call for or allow the lessee to pay a deposit, top-up payments, or some other kinds of payment on the lessor, or almost every other person in reference to this agreement, such as payment of rent, though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS get more info terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect decision by NSFAS, the scholar will not be chargeable for payment of any arrear rent for the accommodation supplier, up until finally the date of being defunded."
NSFAS explained that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding website getting defunded by NSFAS, the student are going to be responsible for payment of rent on nsfas login the lessor from your day of getting 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 any such rental payments will be for the student own click here account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or click here 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