Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS obtained reports about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment as a way to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors from the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Settlement in between the personal accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease are going to be paid out month to month for the accommodation company (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay for a deposit, top-up payments, or another varieties of payment to the lessor, or another person in connection with this arrangement, which includes payment of hire, even read more though awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee for any default in the payment of read more rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect decision by NSFAS, the coed won't be accountable for payment of any arrear rent to your accommodation provider, up right until the date of being defunded."
NSFAS spelled out that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going to be answerable for payment of hire towards the lessor from your date of becoming 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 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 click here scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must nsfas tvet be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za