Accommodation companies urged to end demanding deposit from NSFAS funded college students
Accommodation companies urged to end demanding deposit from NSFAS funded college 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 arrives just after NSFAS gained experiences about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement amongst the personal accommodation companies and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease might be paid out regular on the accommodation supplier (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation companies’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay for a deposit, top-up payments, or every other forms of payment to your lessor, or almost every other person in connection with this arrangement, which include payment of rent, while awaiting payment from NSFAS. The lessor shall don't have any recourse towards the lessee for any default from the payment nsfas academic pathways of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation vendors’ participation on nsfas student allowances the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect decision by NSFAS, the coed won't be chargeable for payment of any arrear rent towards the accommodation company, up until the date of being defunded."
NSFAS described that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding becoming defunded by NSFAS, the student is going to be liable nsfas student allowances for payment of rent into the lessor from your 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 read more 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 read more 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