Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This arrives soon after NSFAS obtained stories about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment so that you can get access to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement among the personal accommodation vendors and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will likely be paid regular to your accommodation service provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not involve or permit the lessee to pay a deposit, top-up payments, or some other types of payment to your lessor, or every other person in reference to this agreement, which includes payment of hire, whilst awaiting payment from NSFAS. The lessor shall don't have any recourse against the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student nsfas academic pathways is defunded because of an incorrect selection by NSFAS, the scholar won't be accountable for payment of check here any arrear rent on the accommodation company, up right up until the day of being defunded."
NSFAS stated that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the student will be responsible for payment of lease on the lessor with the day of currently being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the nsfas status check lessee/guardian at any here 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 check here 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