Accommodation providers urged to end demanding deposit from NSFAS funded university students
Accommodation providers urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS been given reports about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment to be able to get use of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of your obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement in between the personal accommodation vendors and NSFAS funded students," NSFAS reported in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will likely be paid month to month to your accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay a deposit, top-up payments, or some other types of payment on the lessor, or almost every other person in connection with this arrangement, together with payment of lease, whilst awaiting payment from NSFAS. The lessor shall have no check here recourse from the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect decision by NSFAS, the student will not be accountable for payment of any arrear rent for the accommodation supplier, up until finally the day of being defunded."
NSFAS defined that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, nsfas academic pathways the scholar will be responsible for payment of rent to your lessor from the day of getting 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 click here 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 website procedure click here determined by NSFAS for this purpose.
From: SAnews.gov.za