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 to not demand a deposit or top-up payment from NSFAS-funded students.
This comes right after NSFAS obtained reports about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment to be able to get entry to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement in between the non-public accommodation providers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out every month to your accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or every other forms of payment on the lessor, or another person in connection with this agreement, such as payment of hire, even though awaiting payment from NSFAS. The lessor shall have no recourse versus the lessee for any default while in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation vendors’ participation website on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect more info selection by NSFAS, the coed won't be liable for payment of any arrear rent on the accommodation service provider, up until eventually the date of being defunded."
NSFAS discussed that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar will be liable for payment of lease to your lessor with the date of getting defunded.
"Where get more info 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 get more info 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 nsfas tvet with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za