Accommodation suppliers urged to end demanding deposit from NSFAS funded students
Accommodation suppliers urged to end demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS obtained stories about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment so that you can get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement amongst the personal accommodation suppliers and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent are going to be paid month to month to your accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay a deposit, top-up payments, or any other varieties of payment on the lessor, or every other person in reference to this agreement, such as payment of hire, while awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default within 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 that: "Where the NSFAS-funded student is defunded resulting from an incorrect determination by click here NSFAS, the student will not be chargeable for payment of any arrear rent to the accommodation supplier, up until the day of being defunded."
NSFAS defined that in which the NSFAS-funded student chooses to continue occupying the leased premises, check here notwithstanding being defunded by NSFAS, the scholar is going to be accountable for payment of rent into the lessor with the date of here 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; 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 check here rental payments get more info 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