Accommodation providers urged to stop demanding deposit from NSFAS funded college students
Accommodation providers urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS acquired reports about some accommodation suppliers who demand NSFAS-funded students to pay a deposit or top-up payment as a way to get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement concerning the private accommodation providers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent might be paid out every month to your accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay a deposit, top-up payments, or every other types of payment for the lessor, or every other person in connection with this arrangement, which include payment of lease, although awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default during the payment of nsfas login rent check here by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect determination by NSFAS, the student won't be accountable for payment of any arrear rent into the accommodation company, up until eventually the day of being defunded."
NSFAS spelled out that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the student will be responsible for payment of lease on the lessor within the date of currently being defunded.
"Where the student is defunded by NSFAS due more info to a misrepresentation by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for payment read more 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 read more 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