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 not to demand a deposit or top-up payment from NSFAS-funded students.
This arrives right after NSFAS been given experiences about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get entry to the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation companies and NSFAS funded students," NSFAS said in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent are going to be paid regular towards the accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or every other varieties of payment to your lessor, or another person in connection with this agreement, including payment of lease, whilst awaiting payment from NSFAS. The lessor shall have no recourse from the here lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The nsfas allowances NSFAS terms and conditions for private website accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect decision by NSFAS, the scholar will not be liable for payment of any arrear rent to your accommodation company, up until eventually the day of being defunded."
NSFAS defined that in which the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar are going to be accountable for payment of rent to the lessor from 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 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 click here 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: read more SAnews.gov.za