Accommodation companies urged to halt demanding deposit from NSFAS funded college students
Accommodation companies urged to halt demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This arrives after NSFAS obtained reports about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get use of the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the obligatory conditions, as provided by the Standardised Fixed-Term Lease Settlement in between the private accommodation companies and NSFAS funded students," NSFAS said in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will likely be paid month-to-month towards the accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not need or allow the lessee to pay for a deposit, top-up payments, or another types of payment to your lessor, or another person in connection with this agreement, which includes payment of rent, while awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation providers’ participation on the more info student accommodation portal also states that: nsfas login "Where the NSFAS-funded student is defunded due to an incorrect decision by NSFAS, the student won't be accountable for payment of any arrear rent to the accommodation company, up until finally the day of being defunded."
NSFAS discussed that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar are going to be chargeable for payment of hire on the lessor through the day of remaining 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 nsfas tvet leased property; and will be liable for payment of all rent due to the accommodation provider.
"Where the website 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 get more info the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za