Accommodation providers urged to halt demanding deposit from NSFAS funded college students
Accommodation providers urged to halt demanding deposit from NSFAS funded college 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 following NSFAS been given reports about some accommodation vendors who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get usage of the accredited private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers with the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Settlement among the personal accommodation suppliers and NSFAS funded students," NSFAS reported in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the rent are going to be paid out month-to-month into the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation providers’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or any other sorts of payment to your lessor, or almost every other person in connection with this agreement, which includes payment of lease, even though awaiting payment from NSFAS. The lessor shall don't have website any recourse from the lessee for any default within the payment of rent by NSFAS," the arrangement more info reads.
The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect determination by NSFAS, the student won't be answerable for payment of any arrear rent into the accommodation service provider, up until the day of being defunded."
NSFAS discussed that where by the NSFAS-funded student chooses to carry more info on occupying the leased premises, notwithstanding getting defunded by NSFAS, the student is going to be responsible for payment of hire to the lessor from your day of being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by nsfas allowances 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 get more info procedure determined by NSFAS for this purpose.
From: SAnews.gov.za