Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS gained reports about some accommodation providers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement among the private accommodation providers and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease are going to be paid out regular monthly for 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 need or allow the lessee to pay a deposit, top-up payments, or every other varieties of payment on the lessor, or every other person in reference to this arrangement, which includes payment of rent, even though awaiting payment from NSFAS. The lessor read more shall have no recourse versus the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions click here for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the nsfas student document submission deadline NSFAS-funded student is defunded on account of an incorrect decision by NSFAS, the coed won't be accountable for payment of any arrear rent into the accommodation supplier, up until the date of being defunded."
NSFAS stated 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 liable for payment of rent to your lessor from the date 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; get more info 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 nsfas document submission deadline 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 by NSFAS for this purpose.
From: SAnews.gov.za