ACCOMMODATION PROVIDERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED COLLEGE STUDENTS

Accommodation providers urged to halt demanding deposit from NSFAS funded college students

Accommodation providers urged to halt demanding deposit from NSFAS funded college 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 just after NSFAS been given stories about some accommodation providers who demand NSFAS-funded students to pay a deposit or top-up payment in an effort to get access to the approved private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement between the private accommodation companies and NSFAS funded students," NSFAS reported in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the rent might be paid out month to month to your accommodation service provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms 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 every other types of payment towards the lessor, or every other person in connection with this arrangement, like payment of rent, while awaiting payment from NSFAS. The lessor shall haven't any recourse in opposition to the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.

The NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an read more incorrect choice by NSFAS, the scholar will not be answerable for payment of any arrear rent for the accommodation service provider, up until eventually the day of being defunded."

NSFAS discussed that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar are going to be accountable for payment of hire into the lessor through the day of becoming defunded.

"Where the student nsfas tvet 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 get more info 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 website any dispute arising between the parties regarding the interpretation or implementation of the agreement, get more info must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

Report this page