Accommodation providers urged to end demanding deposit from NSFAS funded college students



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 right after NSFAS gained reports about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get usage of the permitted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement in between the non-public accommodation suppliers and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the rent will probably be paid every month to the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation vendors’ participation on the student accommodation portal.

"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or some other sorts of payment to your lessor, or any other person in reference to this arrangement, together with payment of lease, when awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default inside the payment of rent by NSFAS," the arrangement 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 result of an incorrect choice by NSFAS, the scholar won't be responsible for payment of any arrear rent to the accommodation service provider, up until the day of being defunded."

NSFAS described that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar will be answerable for payment of rent to your lessor from your date of remaining defunded.

"Where nsfas tvet the click here 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 nsfas document submission deadline to more info pay any rental to the click here 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

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Comments on “Accommodation providers urged to end demanding deposit from NSFAS funded college students”

Leave a Reply

Gravatar