Accommodation suppliers urged to end demanding deposit from NSFAS funded students
Accommodation suppliers 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 soon after NSFAS gained reports about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment in order to get entry to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies on the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement among the personal accommodation suppliers and NSFAS funded students," NSFAS said in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent is going to be paid out monthly into the accommodation service provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay a deposit, top-up payments, or another types of payment into the lessor, or every other person in reference to this arrangement, which include payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default during the payment of rent by NSFAS," the agreement reads.
The NSFAS nsfas status check conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect decision by NSFAS, the coed will not be liable for payment of any arrear rent for the accommodation provider, up until eventually the day of being defunded."
NSFAS described that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding website getting defunded by NSFAS, the scholar will be responsible for payment of rent for the lessor from the date of currently being 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 nsfas academic pathways prior approval of NSFAS, NSFAS may elect not to pay any rental to the new accommodation more info provider, and any such rental payments will be for the student own account," the scheme said.
The scheme emphasised that any get more info 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