Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Accommodation vendors urged to end demanding deposit from NSFAS funded university 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 comes right after NSFAS acquired stories about some accommodation companies who require NSFAS-funded students to pay a deposit or top-up payment so that you can get use of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement involving the non-public accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent might be paid month-to-month into the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or every other forms of payment into the lessor, or almost every other person in connection with this agreement, which includes payment of hire, though awaiting payment from NSFAS. The lessor shall don't have nsfas tvet any recourse against the lessee for any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms nsfas academic pathways for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect selection by NSFAS, the coed will not be answerable for payment of any arrear rent on the accommodation supplier, up right up until the day of being defunded."
NSFAS spelled out that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the student will be liable for payment of nsfas application delay hire on the lessor from your day of becoming defunded.
"Where the student is defunded by NSFAS due to a misrepresentation nsfas student document submission deadline by the lessee/guardian at any stage, the student must immediately vacate the leased property; here 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 purpose.
From: SAnews.gov.za