ACCOMMODATION VENDORS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED UNIVERSITY STUDENTS

Accommodation vendors urged to end demanding deposit from NSFAS funded university students

Accommodation vendors urged to end demanding deposit from NSFAS funded university students

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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 after NSFAS obtained 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 providers of the obligatory conditions, as provided by the Standardised Fixed-Term Lease Settlement amongst the private accommodation providers and NSFAS funded students," NSFAS mentioned in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states the rent will probably be paid out regular on the accommodation provider (lessor) by NSFAS, on behalf on 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 require or permit the lessee to pay a deposit, top-up payments, or another kinds of payment to your lessor, or another person in reference to this arrangement, which include payment of lease, although awaiting payment from NSFAS. The lessor shall have no recourse towards the lessee for any default during the payment of click here rent by NSFAS," the agreement reads.

The NSFAS terms and conditions for private accommodation website providers’ participation on nsfas university allowances the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the coed will not be chargeable for payment of any arrear rent to the accommodation provider, up until eventually the day of being defunded."

NSFAS discussed that where by the NSFAS-funded student nsfas document submission deadline chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar is going to be accountable for payment of rent for the lessor from your date of becoming 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 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. more info
From: SAnews.gov.za

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