Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded 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 soon after NSFAS been given experiences about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment so as to get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of your obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement amongst the personal accommodation providers and NSFAS funded students," NSFAS said in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease might be paid out month to month for the accommodation provider (lessor) by NSFAS, on behalf of your 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 have to have or allow the lessee to pay for a deposit, top-up payments, or another forms of payment towards the lessor, or every other person in reference to this agreement, which includes payment of lease, although awaiting payment from NSFAS. The more info lessor shall don't have any recourse from the lessee for any default read more from the payment of rent by NSFAS," the arrangement reads.
The NSFAS 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 choice by NSFAS, the student won't be answerable for payment of any arrear rent to your accommodation supplier, up until finally the day of being defunded."
NSFAS spelled out that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding get more info remaining defunded by NSFAS, the student are going to be responsible for payment of rent to your lessor in the day of getting defunded.
"Where the student is defunded by NSFAS due click here 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 website 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