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

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

Accommodation suppliers urged to halt demanding deposit from NSFAS funded university 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 right after NSFAS acquired experiences about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get entry to the accredited private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers on the obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement concerning the non-public accommodation providers and NSFAS funded students," NSFAS reported in an announcement on Thursday.

The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out regular towards the accommodation company (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation vendors’ 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 every other forms of payment to your lessor, or any other person in connection with this agreement, which include payment of rent, although awaiting payment from NSFAS. The lessor shall don't have any recourse versus the lessee for any website default inside the payment of rent website by NSFAS," the agreement reads.

The NSFAS terms and conditions for private accommodation providers’ participation on the student nsfas student allowances accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect decision by NSFAS, the scholar won't be answerable for payment of any arrear rent on the accommodation company, up right until the day of being defunded."

NSFAS stated that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding currently being defunded by NSFAS, the student are going to be responsible for payment of rent into the lessor within the day of becoming 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 pay any rental to the new accommodation provider, get more info 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 get more info for this purpose.
From: SAnews.gov.za

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