Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.
This arrives right after NSFAS received reports about some accommodation companies who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get usage of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers from the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement involving the non-public accommodation suppliers and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease are going to be paid out regular into the accommodation service provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or any other varieties of payment to your lessor, or every other person in reference to this agreement, together with payment of lease, even though awaiting payment from NSFAS. The lessor shall don't have here any recourse in opposition to the lessee for any default in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result read more of an incorrect selection by NSFAS, the student will not be responsible for payment of any arrear rent to the accommodation supplier, up until the date of being defunded."
NSFAS explained that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be answerable for payment of hire towards the lessor in the date of currently being defunded.
"Where the here 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 read more 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 click here 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