Accommodation providers urged to stop demanding deposit from NSFAS funded university students
Accommodation providers urged to stop demanding deposit from NSFAS funded university 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 arrives immediately after NSFAS received stories about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of your obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement amongst the non-public accommodation providers and NSFAS funded students," NSFAS explained in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease will likely be paid out monthly on the accommodation provider (lessor) by NSFAS, on behalf on 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 need or permit the lessee to pay for a deposit, top-up payments, or some other forms of payment to the lessor, or another person in connection with this arrangement, together with payment of rent, while awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default within the payment of rent by NSFAS," the arrangement 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 will not be answerable for payment of any arrear rent to the accommodation service provider, up until the date of being defunded."
NSFAS discussed that where the NSFAS-funded student chooses check here to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the student get more info are going to be chargeable for payment of hire to the lessor from your 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 elect not to pay any nsfas student document submission deadline rental to the new accommodation provider, and any such rental payments will be for the student own account," the website 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 read more procedure determined by NSFAS for this purpose.
From: SAnews.gov.za