Accommodation vendors urged to halt demanding deposit from NSFAS funded university students
Accommodation vendors urged to halt demanding deposit from NSFAS funded university 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 right after NSFAS acquired reports about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement in between the non-public accommodation companies and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will probably be paid out regular monthly for the accommodation provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation suppliers’ 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 for the lessor, or any other person in reference to this agreement, which include payment of rent, when awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states check here that: "Where the NSFAS-funded student is defunded as a result of an incorrect selection nsfas university allowances by NSFAS, the coed won't be answerable for payment of any arrear rent to the accommodation service provider, up till the date of being defunded."
NSFAS spelled out that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, website notwithstanding becoming defunded by NSFAS, get more info the scholar is going to be answerable for payment of rent to the lessor from 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 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 dispute resolution procedure determined click here by NSFAS for this purpose.
From: SAnews.gov.za