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

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

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

Blog Article



The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.

This arrives just after NSFAS acquired stories 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 accredited private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers with the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement among the personal accommodation providers and NSFAS funded students," NSFAS said in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states which the lease are going to be paid monthly on the accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal.

"The lessor may not call for or allow the lessee to pay for a deposit, top-up payments, or any other types of payment on the lessor, or another person in reference to this arrangement, including payment of rent, whilst awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.

The NSFAS terms and conditions for private accommodation website suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded nsfas allowances student is defunded due to an incorrect determination by NSFAS, the scholar won't be chargeable for payment of any arrear rent to your accommodation service provider, up right up until the date of being defunded."

NSFAS spelled out that where by the NSFAS-funded student chooses to carry on occupying the click here leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be chargeable for payment of lease for the lessor with the day 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 more info to nsfas student allowances 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

Report this page