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 not to require a deposit or top-up payment from NSFAS-funded students.
This arrives just after NSFAS gained reports about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment so that you can get usage of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers in the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement concerning the non-public accommodation providers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will likely be paid out regular on the accommodation service provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay a deposit, top-up payments, or another sorts of payment to the lessor, or any other person in connection with this arrangement, together with payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation read more portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect selection here by NSFAS, the scholar will not be accountable for payment of any arrear rent on the accommodation service provider, up right up until the day of being defunded."
NSFAS defined that exactly where the NSFAS-funded student chooses to here continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the student are going to be chargeable for payment of rent into the lessor within the date of becoming defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the nsfas application delay 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, get more info 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