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 never to demand a deposit or top-up payment from NSFAS-funded students.
This comes immediately after NSFAS acquired experiences about some accommodation providers who need NSFAS-funded students to pay a deposit or top-up payment so that you can get access to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement among the non-public accommodation companies and NSFAS funded students," NSFAS said in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will probably be paid month to month on the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay for a deposit, top-up payments, or another sorts of payment for the lessor, or any other person in reference to this agreement, which includes payment of rent, whilst awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to website the lessee for any default within the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect decision by NSFAS, the student will not be website answerable for payment of any arrear rent for the accommodation service provider, up until finally the day of being defunded."
NSFAS discussed that where by the NSFAS-funded here student chooses to carry on occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar is going to be accountable for payment of lease to the lessor in the date 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 nsfas status check 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 nsfas status check 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