Accommodation suppliers urged to halt demanding deposit from NSFAS funded university students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This comes just after NSFAS acquired experiences about some accommodation companies who need NSFAS-funded students to pay for a deposit or top-up payment so that you can get access to the permitted 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 private accommodation suppliers and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent might be paid out monthly into the accommodation provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or almost every other sorts of payment into the lessor, or any other person in connection with this arrangement, which include payment of lease, though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee read more for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states website that: "Where the NSFAS-funded student is defunded because of an incorrect choice by NSFAS, the scholar won't be chargeable for read more payment of any arrear rent for the accommodation service provider, up till the date of being defunded."
NSFAS explained that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the student is going to be answerable for payment of hire towards the lessor through the day of remaining defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, website 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 check here 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