ACCOMMODATION SUPPLIERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation suppliers urged to halt demanding deposit from NSFAS funded students

Accommodation suppliers urged to halt demanding deposit from NSFAS funded students

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The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.

This arrives after NSFAS gained experiences about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment so as to get access to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation companies with the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Agreement amongst the non-public accommodation providers and NSFAS funded students," NSFAS said in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the rent is going to be paid out every month to the accommodation provider (lessor) by NSFAS, on behalf of the 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 call for or permit the lessee to pay for a deposit, top-up payments, or another varieties of payment to your lessor, or almost every other person in connection with this agreement, together with check here payment of lease, although awaiting payment from NSFAS. The lessor shall have no recourse versus the lessee for any default from the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation companies’ participation on nsfas allowances the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect determination by NSFAS, the coed won't be responsible for payment of any arrear rent towards the accommodation service provider, up until eventually the day of being defunded."

NSFAS discussed that in which the NSFAS-funded student chooses to nsfas student document submission deadline carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the student are going to be responsible for payment of rent on the lessor in the day of getting 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 more info 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 read more the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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