Accommodation providers urged to halt demanding deposit from NSFAS funded college students
Accommodation providers urged to halt 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 arrives soon after NSFAS been given stories about some accommodation companies who require NSFAS-funded students to pay a deposit or top-up payment as a way to get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement amongst the non-public accommodation providers and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent might be paid monthly into the accommodation company (lessor) by NSFAS, on behalf from 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 another varieties of payment into the lessor, or some other person in reference to this arrangement, which includes payment of lease, while awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect determination by NSFAS, the coed won't be answerable for payment of any arrear rent to the accommodation supplier, up right until the day of being defunded."
NSFAS described that the place the NSFAS-funded student nsfas eligibility criteria chooses to continue occupying the leased premises, notwithstanding currently click here being defunded by NSFAS, the scholar will be accountable for payment of rent for the lessor in the day of staying 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 nsfas document submission deadline 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 more info 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 click here the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za