Accommodation suppliers urged to end demanding deposit from NSFAS funded university students
Accommodation suppliers urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This comes after NSFAS gained reports about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment in an effort to get entry to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Settlement among the non-public accommodation suppliers and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent might be paid out every month on the accommodation provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or every other sorts of payment to the lessor, or every other person in connection with this agreement, which include payment of hire, whilst awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default during the payment of read more rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms 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 decision by NSFAS, the website scholar won't be chargeable for payment of any arrear rent to your accommodation company, up until finally the day of being defunded."
NSFAS discussed that in which the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding get more info remaining defunded by NSFAS, the student is going to be accountable for payment of hire for the lessor from 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 read more new accommodation provider, and any such rental payments will be for the student own account," the scheme said.
The scheme emphasised that check here 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