Accommodation vendors urged to halt demanding deposit from NSFAS funded students
Accommodation vendors urged to halt demanding deposit from NSFAS funded students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not demand a deposit or top-up payment from NSFAS-funded students.
This arrives soon after NSFAS obtained experiences about some accommodation companies who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get use of the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement in between the private accommodation vendors and NSFAS funded students," NSFAS explained in an announcement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will likely be paid monthly to the accommodation service provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not demand or permit the lessee to pay a deposit, top-up payments, or any other sorts of payment to the lessor, or some other person in reference to this arrangement, which includes payment of lease, nsfas tvet while awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for nsfas login private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect determination by NSFAS, the student won't be liable for payment of any arrear rent on the accommodation service provider, up until eventually the day of being defunded."
NSFAS described that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar are going to be liable for payment of rent for the lessor with the day of being 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 here 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, nsfas document submission deadline 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 get more info any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za