Accommodation providers urged to halt demanding deposit from NSFAS funded college students
Accommodation providers urged to halt demanding deposit from NSFAS funded college 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 just after NSFAS been given reports about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment in an effort to get use of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies in the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement concerning the private accommodation providers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the lease are going to be paid out regular monthly to your accommodation company (lessor) by NSFAS, on behalf on 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 call for or allow the lessee to pay a deposit, top-up payments, or any other sorts of payment to your lessor, or every other person in connection with this agreement, like payment of lease, even nsfas login though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions more info and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect choice by NSFAS, the coed won't be accountable for payment of any arrear rent on the accommodation company, up till the date of being defunded."
NSFAS discussed that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the student will be accountable for payment here of hire into the lessor within the day of currently 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 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 nsfas tvet any rental to the new accommodation provider, and any such click here 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