Accommodation providers urged to end demanding deposit from NSFAS funded college students
Accommodation providers urged to end 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 right after NSFAS been given stories about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment so as to get use of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement between the personal accommodation companies and NSFAS funded students," NSFAS mentioned in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease will probably be paid out month-to-month towards the accommodation supplier (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay for a deposit, top-up payments, or almost every other varieties of payment to the lessor, or any other person in reference to this arrangement, which include payment of lease, even though awaiting payment from NSFAS. The lessor shall don't have any recourse towards the here lessee for any default inside the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private get more info accommodation companies’ participation on the student accommodation portal also states check here that: "Where the NSFAS-funded student is defunded as a result of an incorrect choice by NSFAS, the student won't be responsible for payment of any arrear rent towards the accommodation service provider, up until eventually the date of being defunded."
NSFAS explained that wherever the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the student are going to be responsible for payment of hire for 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 of all rent due to the accommodation provider.
"Where the student moves, accommodation providers without the prior approval of NSFAS, NSFAS may elect not website 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