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 to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives soon after NSFAS obtained stories about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors in the obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement concerning the private accommodation suppliers and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent might be paid out every month for the accommodation company (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not need or permit the lessee to pay a deposit, top-up payments, or almost every other varieties of payment to the lessor, or every other person in connection with this agreement, such as payment of rent, although awaiting payment check here from NSFAS. website The lessor shall don't have any recourse in opposition to the lessee for any default while 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 consequence of an incorrect determination by NSFAS, the coed will not be accountable for payment of any arrear rent towards the accommodation provider, up till the day of being defunded."
NSFAS described that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the student is going to be liable for check here payment of lease into the lessor from your date of being 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 website 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 get more info 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