Accommodation companies urged to halt demanding deposit from NSFAS funded students
Accommodation companies urged to halt demanding deposit from NSFAS funded 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 experiences about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your compulsory conditions, as supplied by the Standardised Fixed-Term Lease Agreement concerning the private accommodation providers and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent is going to be paid month to month to your accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay a deposit, top-up payments, or some other varieties of payment to your lessor, or every other person in connection with this arrangement, which include payment of hire, even though awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for more info any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect decision by NSFAS, the coed won't be chargeable for payment of any arrear rent towards the accommodation company, up right up until the day of being defunded."
NSFAS stated that wherever the NSFAS-funded student chooses to carry nsfas login on occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar are going to be chargeable for payment of lease to your lessor from your day of currently 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 check here of all rent due to the click here 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 nsfas eligibility criteria 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