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 been given stories about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get use of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement between the personal accommodation suppliers and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent are going to be paid out regular monthly into the accommodation supplier (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms 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 every other varieties of payment on the lessor, or any other person in reference to this arrangement, like payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default from the payment of rent by NSFAS," the agreement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on more info the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the scholar won't be accountable for payment of any arrear rent on the accommodation service provider, up until finally the date of being defunded."
NSFAS discussed that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding becoming defunded nsfas tvet by NSFAS, the scholar are going to be liable for payment of rent towards the lessor from your date 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 will be liable for payment of all rent due to the accommodation provider.
"Where the student moves, accommodation providers without the prior approval of website NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, and read more any such rental payments will be here 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