Accommodation vendors urged to end demanding deposit from NSFAS funded college students
Accommodation vendors urged to end demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This comes just after NSFAS acquired stories about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment so that you can get usage of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of your compulsory conditions, as supplied by the Standardised Fixed-Term Lease Agreement between the personal accommodation vendors and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will likely be paid regular for the accommodation service provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not require or permit the lessee to pay for a deposit, top-up payments, or every other sorts of payment to your lessor, or some other person in reference to this agreement, which includes payment of rent, while awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default inside the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect decision get more info by NSFAS, the student won't be answerable for payment of any arrear read more rent on the accommodation service provider, up until the day of being defunded."
NSFAS defined that the place the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar are going to be liable for payment of rent towards the lessor in the date of staying defunded.
"Where the student is nsfas status check defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student read more 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 agreement, must be dealt with in accordance with any here dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za