Accommodation vendors urged to halt demanding deposit from NSFAS funded university students
Accommodation vendors urged to halt 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 after NSFAS acquired reports about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment so that you can get usage of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of your obligatory conditions, as provided by the Standardised Fixed-Term Lease Settlement concerning the personal accommodation providers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease is going to be paid month-to-month to the accommodation company (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay for a deposit, top-up payments, or any other kinds of payment into the lessor, or some other person in reference to this agreement, like payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and more info conditions for private accommodation providers’ participation on the student get more info accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect decision by NSFAS, the student will not be chargeable for payment of any arrear rent into the accommodation provider, up right up until the day of being defunded."
NSFAS stated that where the NSFAS-funded student chooses to continue occupying nsfas document submission deadline the leased premises, notwithstanding becoming defunded by NSFAS, the student will be accountable for payment of rent towards the lessor from your date of becoming 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 rental payments will be for the student own account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding get more info the read more 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