Accommodation vendors urged to stop demanding deposit from NSFAS funded college students
Accommodation vendors urged to stop demanding deposit from NSFAS funded college students
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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 after NSFAS acquired reports about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment in order to get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers on the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Agreement involving the private accommodation suppliers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent are going to be paid month-to-month on the accommodation company (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation providers’ 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 towards the lessor, or almost every other person in reference to this agreement, like payment of hire, whilst awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default during 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 read more NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the coed will not be responsible for payment of any arrear rent towards the accommodation provider, up right up click here until the date of being defunded."
NSFAS defined that where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded get more info by NSFAS, the student are going to be chargeable for payment of rent nsfas login to your lessor from your day of staying 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 nsfas tvet 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