Accommodation vendors urged to stop demanding deposit from NSFAS funded university students
Accommodation vendors 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 arrives soon after NSFAS acquired experiences about some accommodation providers 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 of your compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement in between the personal accommodation vendors and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent are going to be paid out regular on the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not involve or permit the lessee to pay a deposit, top-up payments, or some other sorts of payment for the lessor, or another person in connection with this agreement, like payment of rent, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal here also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the scholar will not be answerable for payment of any arrear rent towards the accommodation company, up till the day of being defunded."
NSFAS explained that the place the NSFAS-funded student chooses to carry on occupying the nsfas status check leased premises, notwithstanding remaining defunded by NSFAS, the scholar are going to be answerable for payment of lease into the lessor from the date of staying defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by click here 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 account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the read more agreement, must be dealt with in accordance with any dispute nsfas resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za