Accommodation suppliers urged to halt demanding deposit from NSFAS funded college students
Accommodation suppliers 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 arrives immediately after NSFAS obtained stories about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment so that you can get usage of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Settlement between the private accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease might be paid regular monthly for the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not need or allow the lessee to pay for a deposit, top-up payments, or every other forms of payment to your lessor, or every other person in reference to this agreement, including payment of hire, although awaiting payment from NSFAS. nsfas allowances The lessor shall haven't any recourse in opposition to the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect choice by NSFAS, the student won't be chargeable for payment of any arrear rent for the accommodation service provider, up until finally the date of check here being defunded."
NSFAS stated that where by the NSFAS-funded student chooses to carry on occupying the leased nsfas student allowances premises, notwithstanding staying defunded by NSFAS, the scholar are going to be chargeable for payment of rent to your lessor from your day of being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student website 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 the student get more info 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