Accommodation suppliers urged to end demanding deposit from NSFAS funded college students
Accommodation suppliers urged to end demanding deposit from NSFAS funded college students
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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 soon after NSFAS obtained reports about some accommodation companies who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors from the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement concerning the personal accommodation vendors and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will probably be paid out monthly towards the accommodation service provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay for a deposit, top-up payments, or some other forms of payment on the lessor, or any other person in connection with this agreement, which include payment of rent, when awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default during more info the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation nsfas login suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect selection by NSFAS, the scholar won't be accountable for payment of any arrear rent on the accommodation provider, up right until the day of being defunded."
NSFAS defined that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar are going to be chargeable for get more info payment of hire on the lessor from your day of currently being 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 the accommodation provider.
"Where the student moves, accommodation providers without the prior approval of NSFAS, NSFAS may elect not to pay any rental to read more 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: get more info SAnews.gov.za