Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded college 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 soon after NSFAS been given experiences about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get entry to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement amongst the non-public accommodation providers and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will be paid every month to the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay for a deposit, top-up payments, or every other kinds of payment on the lessor, or almost every other person in reference to this agreement, like payment click here of lease, when awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The nsfas status check NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect determination by NSFAS, the scholar will not be chargeable for payment of any arrear rent to the accommodation supplier, up until the date of being defunded."
NSFAS described that exactly where the NSFAS-funded get more info student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar is going to be accountable for payment of rent on the 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 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 website or implementation of the agreement, must be dealt with in accordance with any dispute here resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za