Accommodation suppliers urged to halt demanding deposit from NSFAS funded university students
Accommodation suppliers 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 comes following NSFAS acquired reports about some accommodation providers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get use of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement in between the non-public accommodation companies and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will probably be paid month-to-month on the accommodation service provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay a deposit, top-up payments, or some other varieties of payment towards the lessor, or some other person in reference to this arrangement, together with payment of get more info rent, whilst awaiting payment from NSFAS. The lessor shall don't have any recourse versus the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the coed will not be answerable for payment of read more any arrear rent into the accommodation service provider, up right until the day of being defunded."
NSFAS described that where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the student will be chargeable for payment of rent to your lessor in the 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 click here 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 more info 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 click here procedure determined by NSFAS for this purpose.
From: SAnews.gov.za