Accommodation companies urged to halt demanding deposit from NSFAS funded university students
Accommodation companies urged to halt demanding deposit from NSFAS funded university 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 acquired reports about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment to be able to get use of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Agreement concerning the non-public accommodation companies 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 regular for the accommodation company (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not call for or allow the lessee to pay for a deposit, top-up payments, or another types of payment for the lessor, or every other person in connection with nsfas status check this arrangement, together with payment of more info hire, while awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee for any default while in the payment of rent by NSFAS," the agreement 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 result of an incorrect decision by NSFAS, the scholar will not be liable for payment of any arrear rent to your accommodation supplier, up until finally the day of being defunded."
NSFAS described that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar click here is going to be responsible for payment of rent into the lessor from your day of becoming get more info 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 nsfas eligibility criteria 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 agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za