Accommodation vendors urged to end demanding deposit from NSFAS funded college students
Accommodation vendors urged to end demanding deposit from NSFAS funded college 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 following NSFAS obtained experiences about some accommodation providers who demand NSFAS-funded students to pay a deposit or top-up payment so as to get access to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement concerning the personal accommodation companies and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease might be paid month to month to the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal 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 any other sorts of payment towards the lessor, or almost every other person in connection with this arrangement, such as 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 terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is read more defunded because of an incorrect selection by NSFAS, the scholar will not be responsible for payment of any arrear rent into the accommodation supplier, up right until the day of being defunded."
NSFAS explained that the place the NSFAS-funded student chooses to carry on occupying the read more leased premises, notwithstanding becoming defunded by NSFAS, the scholar is going to be responsible for payment of rent to your lessor in the date of getting defunded.
"Where the student nsfas is defunded nsfas document submission deadline 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 read more 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