Accommodation vendors urged to end demanding deposit from NSFAS funded college students
Accommodation vendors urged to end demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.
This arrives immediately after NSFAS been given experiences about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of the compulsory conditions, as provided by the Standardised Fixed-Term Lease Arrangement involving the private accommodation suppliers and NSFAS funded students," NSFAS stated in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent might be paid every month towards 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 require or permit the lessee to pay for a deposit, top-up payments, or another kinds of payment to your lessor, or any other person in connection with this arrangement, such as payment of nsfas student document submission deadline lease, when awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default during the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation website portal also states that: "Where the NSFAS-funded student is defunded nsfas login as a consequence of an incorrect decision by NSFAS, the student will not be accountable for payment of any arrear rent for the accommodation company, up right until the day of being defunded."
NSFAS defined that in which the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the student will be liable for payment of rent nsfas academic pathways to the lessor in the date of being 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 NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, and any such rental read more 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