Accommodation vendors urged to end demanding deposit from NSFAS funded college students
Accommodation vendors urged to end demanding deposit from NSFAS funded college 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 after NSFAS gained experiences about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment in an effort to get usage of the approved private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors of your obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation suppliers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will be paid regular monthly into the accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or every other types of payment to your lessor, or any other person in connection with this agreement, which includes payment of hire, although awaiting payment from NSFAS. The lessor shall don't have any recourse towards the lessee for any default while in the nsfas status check payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect more info choice by NSFAS, the coed will not be answerable nsfas university allowances for payment of any arrear rent towards the accommodation company, up till the date of being defunded."
NSFAS spelled out that in which the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar will be chargeable for payment of lease to your lessor from the date of getting 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 any nsfas academic pathways rental to here 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.
From: SAnews.gov.za