Accommodation companies urged to halt demanding deposit from NSFAS funded university students
Accommodation companies urged to halt demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This comes just after NSFAS received reports about some accommodation providers who demand NSFAS-funded students to pay a deposit or top-up payment so that you can get usage of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies from the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Settlement among the private accommodation vendors and NSFAS funded students," NSFAS mentioned in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent will be paid out month-to-month to your accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not call for or permit the lessee to pay for a deposit, top-up payments, or some other varieties of payment for the lessor, or any other person in connection with this agreement, together with payment of hire, though awaiting payment from NSFAS. The lessor shall don't have any recourse against the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions website for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect determination by NSFAS, the student won't be answerable for payment of more info any arrear rent for the accommodation service provider, up right until the date of being defunded."
NSFAS explained that in which the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar are going to be liable for payment of rent on the lessor from your day of nsfas login remaining defunded.
"Where the student is defunded by NSFAS due to get more info a misrepresentation by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for nsfas student document submission deadline 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 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