Accommodation companies urged to halt demanding deposit from NSFAS funded students
Accommodation companies urged to halt demanding deposit from NSFAS funded 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 after NSFAS obtained reports about some accommodation suppliers who need NSFAS-funded students to pay for a deposit or top-up payment as a way to get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation vendors and NSFAS funded students," NSFAS reported in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will probably be paid out regular on the accommodation company (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ 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 kinds of payment for the lessor, or any other person in reference to this agreement, like payment of lease, though awaiting payment from NSFAS. nsfas eligibility criteria The lessor shall haven't any recourse against the lessee for any default inside the payment of rent by NSFAS," the agreement reads.
The NSFAS check here conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect choice by NSFAS, the student will not be answerable for check here payment of any arrear rent towards the accommodation service provider, up until the date of being defunded."
NSFAS explained that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar is going to be responsible for payment of rent into the lessor within the date of becoming defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian nsfas document submission deadline 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 nsfas document submission deadline with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za