Accommodation companies urged to halt demanding deposit from NSFAS funded college students
Accommodation companies urged to halt demanding deposit from NSFAS funded college 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 comes just after NSFAS gained experiences about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment to be able to get entry to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers with the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement involving the personal accommodation providers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will likely be paid month-to-month to the accommodation service provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or another kinds of payment towards the lessor, or another person in connection with this arrangement, like payment of rent, even though awaiting payment from NSFAS. The lessor shall have no recourse from the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal read more also states that: "Where the NSFAS-funded student is defunded due to an incorrect selection by NSFAS, the scholar will not be liable for payment of any arrear rent to your accommodation provider, up right up until the day of being defunded."
NSFAS defined that where by the more info NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded get more info by NSFAS, the scholar are going to be liable for payment of rent for the lessor with the day of remaining 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 accommodation provider.
"Where the student moves, accommodation providers without the prior approval of NSFAS, NSFAS may website 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 nsfas login any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za