Accommodation suppliers urged to halt demanding deposit from NSFAS funded college students
Accommodation suppliers urged to halt demanding deposit from NSFAS funded college 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 comes soon after NSFAS gained experiences about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers in the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement amongst the personal accommodation suppliers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease are going to be paid out monthly to your accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not require or permit the lessee to pay a deposit, top-up payments, or some other types of payment towards the lessor, or any other person in reference to this agreement, such as payment of hire, whilst awaiting payment from NSFAS. The lessor shall haven't 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 providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect selection by NSFAS, the student will not be liable for payment of any arrear rent on the accommodation provider, up until eventually the day of being defunded."
NSFAS stated that exactly where the click here NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going to be answerable for payment of hire on the lessor through the date of getting defunded.
"Where the student is nsfas tvet defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must here 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 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 interpretation or implementation of the check here agreement, must nsfas allowances be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za