Accommodation companies urged to stop demanding deposit from NSFAS funded university students
Accommodation companies urged to stop demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This comes after NSFAS been given experiences about some accommodation providers who need NSFAS-funded students to pay a deposit or top-up payment to be able to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement between the non-public accommodation companies and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will be paid monthly on the accommodation provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not need or permit the lessee to pay a deposit, top-up payments, or some other sorts of payment to the lessor, or any other person in connection with this agreement, such as payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse nsfas tvet in opposition to the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect decision by NSFAS, the coed will nsfas student allowances not be accountable for payment of any arrear rent into the accommodation service provider, up until finally the date of being defunded."
NSFAS stated that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being click here defunded by NSFAS, the student will be chargeable for payment of lease on the lessor with the date of getting defunded.
"Where the student is defunded by NSFAS due to click here a misrepresentation by the lessee/guardian at any stage, the student must nsfas eligibility criteria 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 by NSFAS for this purpose.
From: SAnews.gov.za