Accommodation suppliers urged to stop demanding deposit from NSFAS funded students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS received reports about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment to be able to get entry to the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement between the private accommodation companies and NSFAS funded students," NSFAS reported in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out month-to-month to your accommodation provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or another forms of payment towards the lessor, or some other person in connection with this agreement, which include payment of hire, though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms read more for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect selection by NSFAS, the coed will not be liable for payment of any arrear rent to the accommodation service provider, up right up until the date of being defunded."
NSFAS explained that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar is going to be liable for payment of hire to your lessor within the 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 website 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 own account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding check here the interpretation or implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined here by NSFAS website for this purpose.
From: SAnews.gov.za