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 require a deposit or top-up payment from NSFAS-funded students.
This comes right after NSFAS been given experiences about some accommodation companies who need NSFAS-funded students to pay a deposit or top-up payment so that you can get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies on the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement between the non-public accommodation companies and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease might be paid out monthly to your accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or almost every other types of payment to the lessor, or some other person in reference to this arrangement, which includes payment of lease, though awaiting payment from NSFAS. The lessor shall haven't any here recourse in opposition to the lessee for any default during the payment of get more info rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the coed won't be accountable for payment of any arrear rent for the accommodation supplier, up until eventually the date of being defunded."
NSFAS described that in which the NSFAS-funded student chooses to continue occupying the website leased premises, notwithstanding remaining defunded by NSFAS, the scholar will be answerable for payment of lease get more info towards the 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 get more info 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 procedure determined by NSFAS for this purpose.
From: SAnews.gov.za