Accommodation providers urged to end demanding deposit from NSFAS funded students
Accommodation providers urged to end demanding deposit from NSFAS funded 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 comes following NSFAS acquired experiences about some accommodation companies who need NSFAS-funded students to pay a deposit or top-up payment to be able to get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement between the private accommodation suppliers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease is going to be paid out regular towards the accommodation service provider (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 permit the lessee to pay for a deposit, top-up payments, or almost every other sorts of payment to the lessor, or another person in reference to this agreement, such as payment of hire, when awaiting payment from NSFAS. The lessor shall have no recourse versus the lessee for read more any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation providers’ 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 nsfas eligibility criteria be accountable for payment of any arrear rent into the accommodation supplier, up until the date of being defunded."
NSFAS defined that where click here by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the student will be accountable for payment of rent to the lessor with the day of getting 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 elect not to pay any rental to the new accommodation provider, and any such rental payments will be for here the student own account," the scheme said.
The scheme emphasised nsfas login 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