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 to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives right after NSFAS been given reports about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment to be able to get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of your compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement between the private accommodation vendors and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out month-to-month to the accommodation provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or any other types of payment into the lessor, or almost every other person in reference to this arrangement, which includes payment of rent, while awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee nsfas status check for any default inside the payment of rent by here NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect decision by NSFAS, the coed will not be answerable for payment of any arrear rent into the accommodation company, up right up until the date of being defunded."
NSFAS described that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the student will be liable for payment of hire towards the lessor from the date of staying 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 check here NSFAS, NSFAS may 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 nsfas interpretation or implementation of the agreement, must be dealt with in accordance website with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za