Accommodation providers urged to end demanding deposit from NSFAS funded students
Accommodation providers urged to end demanding deposit from NSFAS funded 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 arrives following NSFAS acquired reports about some accommodation companies who require NSFAS-funded students to pay a deposit or top-up payment as a way to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers on the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement amongst the private accommodation vendors and NSFAS funded students," NSFAS explained in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will probably be paid month-to-month for the accommodation company (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay for a deposit, top-up payments, or any other types of payment towards the lessor, or every other person in reference to this arrangement, including payment of lease, though awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default during the payment of nsfas status check rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect selection by NSFAS, the scholar will not be accountable for payment of any arrear rent towards the more info accommodation company, up until eventually the date of being defunded."
NSFAS defined that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be responsible for payment of lease to your lessor within the 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 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 get more info 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. nsfas eligibility criteria
From: nsfas status check SAnews.gov.za