Accommodation providers urged to stop demanding deposit from NSFAS funded college students
Accommodation providers urged to stop demanding deposit from NSFAS funded college students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.
This comes following NSFAS acquired stories about some accommodation suppliers who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get entry to the permitted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers with the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement involving the non-public accommodation suppliers and NSFAS funded students," NSFAS explained in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states the lease will be paid month to month on the accommodation supplier (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.
"The lessor may not have to have or allow the lessee to pay for a deposit, top-up payments, or every other types of payment to the lessor, or any other person in reference to this arrangement, such as payment of lease, although awaiting payment from NSFAS. The lessor shall have no recourse from the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect selection by NSFAS, the student won't be liable nsfas login for payment of any arrear rent towards the accommodation company, up until finally the day of being defunded."
NSFAS described that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be liable for payment of hire to the lessor from the day of currently being defunded.
"Where the student here is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must immediately nsfas eligibility criteria 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 click here 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 nsfas university allowances resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za