Accommodation providers urged to end demanding deposit from NSFAS funded students
Accommodation providers urged to end demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS received experiences about some accommodation providers who need NSFAS-funded students to pay a deposit or top-up payment so that you can get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers on the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement among the non-public accommodation suppliers and NSFAS funded students," NSFAS stated in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease is going to be paid out regular to your accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not require or permit the lessee to pay a deposit, top-up payments, or another types of payment on the lessor, or another person in reference to this arrangement, which includes payment of lease, get more info though awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default within 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 check here is defunded on account of an incorrect choice by NSFAS, the coed will not be accountable for payment of any arrear rent towards the accommodation provider, up till the day of being defunded."
NSFAS stated that the place the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar will be answerable for payment of rent into the lessor through the day of currently being defunded.
"Where the student is defunded nsfas academic pathways by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must click here 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 read more purpose.
From: SAnews.gov.za