Accommodation companies urged to end demanding deposit from NSFAS funded university students
Accommodation companies urged to end demanding deposit from NSFAS funded university 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 soon after NSFAS received experiences about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment so as to get usage of the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies in the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement concerning the personal accommodation companies and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid every month to your accommodation company (lessor) by NSFAS, on behalf from 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 permit the lessee to pay a deposit, top-up payments, or every other kinds of payment on the lessor, or every other person in reference to this agreement, which include payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default inside the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private nsfas application delay accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect determination by NSFAS, the coed will not be answerable for payment of any arrear rent to the accommodation company, up until finally the day of being defunded."
NSFAS defined that where the NSFAS-funded student chooses to continue occupying the leased premises, here notwithstanding remaining defunded by NSFAS, the scholar is going to be answerable for payment of hire on the lessor with the date of becoming 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 click here 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 nsfas status check rental payments will be for the student own nsfas student document submission deadline 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