Accommodation companies urged to halt demanding deposit from NSFAS funded students
Accommodation companies 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 right after NSFAS obtained stories about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment as a way to get use of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement in between the private accommodation providers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent might be paid out monthly towards the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay a deposit, top-up payments, or another sorts of payment on the lessor, or some other person in connection with this arrangement, like payment of rent, though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default in the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ 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 coed won't read more be liable for payment of any arrear rent to your accommodation provider, up right up until the day of being defunded."
NSFAS discussed that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding remaining nsfas status check defunded by NSFAS, the scholar are going to be liable for payment of rent towards the lessor through the day of staying defunded.
"Where the student click here is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, nsfas document submission deadline 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 any rental to the new accommodation provider, and any such rental payments will be for more info 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