Accommodation companies urged to end demanding deposit from NSFAS funded college students
Accommodation companies urged to end demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS been given experiences about some accommodation providers who require NSFAS-funded students to pay a deposit or top-up payment in order to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement involving the non-public 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 monthly to your accommodation supplier (lessor) by NSFAS, on behalf of 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 involve or permit the lessee to pay for a deposit, top-up payments, or every other types of payment to your lessor, or every other person in reference to this agreement, read more together with payment of lease, though 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 conditions and terms for private accommodation providers’ participation on the student accommodation portal also states that: "Where the check here NSFAS-funded student is defunded as a result of an incorrect choice by NSFAS, the scholar will not be responsible for payment of any arrear rent to the accommodation service provider, up until the date of being defunded."
NSFAS spelled out that wherever the NSFAS-funded student chooses to more info continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be answerable for payment of hire to your lessor in the date 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 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 nsfas status check scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt nsfas student allowances with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za