Accommodation vendors urged to end demanding deposit from NSFAS funded university students
Accommodation vendors urged to end 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 arrives following NSFAS gained experiences about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment so as to get access to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement in between the non-public accommodation companies and NSFAS funded students," NSFAS said in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent might be paid out month-to-month to your accommodation provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.
"The lessor may not have to have or permit the lessee to pay a deposit, top-up payments, or any other forms of payment towards the lessor, or some other person in connection with this agreement, like payment of hire, even though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default in the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms nsfas student document submission deadline for private accommodation companies’ participation on the student accommodation more info portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect selection by NSFAS, the coed will not be liable for payment of any arrear rent into the accommodation service provider, up right until the day of being defunded."
NSFAS spelled out that in which the NSFAS-funded student chooses to nsfas tvet carry on occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar is going to be liable for payment of lease to the lessor within the date of staying 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 more info 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 nsfas tvet accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za