Accommodation vendors urged to stop demanding deposit from NSFAS funded university students
Accommodation vendors urged to stop demanding deposit from NSFAS funded university 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 just after NSFAS gained experiences about some accommodation companies who need NSFAS-funded students to pay a deposit or top-up payment to be able to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors from the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement among the personal accommodation suppliers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will be paid monthly on the accommodation company (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or every other varieties of payment on the lessor, or any other here person in reference to this arrangement, like payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default during the payment of rent by NSFAS," the agreement 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 on account of an incorrect determination by NSFAS, the student will not be answerable for payment of any arrear rent towards the accommodation company, up till the date of being defunded."
NSFAS stated that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar will be responsible for payment of lease to your lessor from the date of getting defunded.
"Where the student is defunded by NSFAS click here due to a misrepresentation by the lessee/guardian at any check here 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 nsfas tvet to pay any rental to the new accommodation provider, and any such rental payments will nsfas login be for the student 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