Accommodation providers urged to halt demanding deposit from NSFAS funded college students
Accommodation providers urged to halt demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This comes right after NSFAS gained stories about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment so that you can get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement concerning the non-public accommodation companies and NSFAS funded students," NSFAS stated in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease is going to be paid regular monthly towards the accommodation supplier (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not call for or allow the lessee to pay a deposit, top-up payments, or another types of payment to your lessor, or almost every other person in reference to this arrangement, including payment of lease, although awaiting payment from here NSFAS. The lessor shall haven't any recourse towards the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect determination by NSFAS, the coed won't be liable for payment of any arrear rent on the accommodation service provider, up until the day of being defunded."
NSFAS discussed that in which the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the student will be accountable for payment of lease for the lessor through the day of currently being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian click here 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 nsfas tvet elect not to pay any click here 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 check here 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