Accommodation vendors urged to halt demanding deposit from NSFAS funded students
Accommodation vendors 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 comes right after NSFAS been given reports about some accommodation providers who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies with the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement amongst the private accommodation providers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent is going to be paid regular monthly to the accommodation supplier (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation companies’ 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 sorts of payment for the lessor, or any other person in connection with this agreement, together with payment of rent, even though awaiting payment from NSFAS. The lessor shall don't have any recourse nsfas document submission deadline from the lessee for any default from the payment of rent by NSFAS," the agreement 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 nsfas allowances a result of an incorrect decision by NSFAS, the coed won't be answerable for payment of any arrear rent into the accommodation supplier, up right up until the date of being defunded."
NSFAS defined that where by the NSFAS-funded student chooses to carry on occupying the leased click here premises, notwithstanding getting defunded by NSFAS, the scholar is going to be chargeable for payment of lease into the lessor through 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 nsfas status check 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, here must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za