Accommodation companies urged to halt demanding deposit from NSFAS funded students
Accommodation companies urged to halt demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not demand a deposit or top-up payment from NSFAS-funded students.
This comes soon after NSFAS gained stories about some accommodation providers who demand NSFAS-funded students to pay a deposit or top-up payment as a way to get access to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Agreement between the personal accommodation vendors and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease is going to be paid out month to month to your accommodation provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not require or permit the lessee to pay a deposit, top-up payments, or every other kinds of payment on the lessor, or almost every other person in reference to this agreement, which includes payment of lease, although awaiting payment read more from NSFAS. The lessor shall don't have any recourse versus the lessee for any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for get more info private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect determination by NSFAS, the coed will not be liable for click here payment of any arrear rent to your accommodation supplier, up until the day of being defunded."
NSFAS stated that in which the NSFAS-funded student chooses to carry on occupying website the leased premises, notwithstanding becoming defunded by NSFAS, the scholar is going to be answerable for payment of rent to your lessor from your day of remaining 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 nsfas academic pathways 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 agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za