Accommodation vendors urged to stop demanding deposit from NSFAS funded university students
Accommodation vendors urged to stop demanding deposit from NSFAS funded university 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 comes just after NSFAS been given reports about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers in the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement concerning the personal accommodation suppliers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will likely be paid out month-to-month towards the accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay for a deposit, top-up payments, or almost every other varieties of payment to the lessor, or any other person in reference to this agreement, together with payment of hire, even though awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee for any default while in the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the click here student accommodation get more info portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the scholar won't be answerable for payment of any arrear rent to your accommodation supplier, up right until the day of being defunded."
NSFAS defined that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding website staying defunded by NSFAS, the student are going to be answerable for payment of lease to your lessor within 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 get more info 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 student allowances 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