Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS been given experiences about some accommodation providers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get entry to the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as provided by the Standardised Fixed-Term Lease Arrangement amongst the personal accommodation vendors and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease might be paid month-to-month on the accommodation provider (lessor) by NSFAS, on behalf of your 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 call for or allow the lessee to pay a deposit, top-up payments, or almost every other sorts of payment to the lessor, or another person in reference to this agreement, which includes payment of lease, when nsfas tvet awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default during the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation vendors’ participation on the here student accommodation check here portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the student won't be answerable for payment of any arrear rent to the accommodation provider, up until eventually the day of being defunded."
NSFAS spelled out that where by the NSFAS-funded student chooses to carry nsfas university allowances on occupying the leased premises, notwithstanding staying get more info defunded by NSFAS, the scholar will be accountable for payment of hire on the lessor with the day 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 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.
From: SAnews.gov.za