Accommodation companies urged to stop demanding deposit from NSFAS funded university students
Accommodation companies urged to stop demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This comes right after NSFAS obtained reports about some accommodation vendors who require NSFAS-funded students to pay for a deposit or top-up payment to be able to get use of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers on the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement in between the personal accommodation suppliers and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will likely be paid regular monthly on the accommodation provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or another types of payment into the lessor, or almost every other person in reference to this arrangement, together with payment of lease, although awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default from the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on click here the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect decision by NSFAS, the coed will not be answerable for payment of any arrear rent to the accommodation provider, up until the day of being defunded."
NSFAS described that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding getting defunded by nsfas document submission deadline NSFAS, the scholar will be chargeable for payment of rent for the lessor in the day of staying 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 website 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," the scheme said.
The scheme emphasised that any dispute arising between the check here parties regarding the interpretation or implementation of the agreement, must be dealt with in accordance with any dispute nsfas resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za