Accommodation suppliers urged to halt demanding deposit from NSFAS funded college students
Accommodation suppliers urged to halt 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 immediately after NSFAS been given stories about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies with the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement between the non-public accommodation providers and NSFAS funded students," NSFAS mentioned in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease is going to be paid out regular for the accommodation company (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay a deposit, top-up payments, or any other varieties of payment to the lessor, or any other person in connection click here with this agreement, such as payment of hire, when awaiting payment from NSFAS. The lessor shall nsfas tvet have no recourse in opposition to the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect choice by NSFAS, the coed won't check here be accountable for payment of any arrear rent for the accommodation service provider, up until finally the date of being defunded."
NSFAS spelled out that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the student is going to be answerable for payment of hire for the more info lessor in the 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 will be liable for payment of all rent due to the accommodation provider.
"Where the nsfas eligibility criteria 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 the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za