Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Accommodation suppliers urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This comes right after NSFAS received stories about some accommodation companies who need NSFAS-funded students to pay for a deposit or top-up payment in an effort to get use of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers on the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement among the private accommodation providers and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease might be paid every month into the accommodation company (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not require or permit the lessee to pay a deposit, top-up payments, or almost every other forms of payment on the lessor, or another person in connection with this agreement, together with payment of rent, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse against the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions 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 selection by NSFAS, the coed get more info won't be liable for payment of any arrear rent for the accommodation provider, up right up until the day of being defunded."
NSFAS discussed that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar are going to be responsible for payment of lease for the lessor through the day of remaining defunded.
"Where nsfas document submission deadline 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 click here 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 agreement, must be get more info dealt with website in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za