Accommodation providers urged to halt demanding deposit from NSFAS funded college students
Accommodation providers urged to halt 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 been given reports about some accommodation providers who need NSFAS-funded students to pay a deposit or top-up payment in order to get entry to the authorised private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of your obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement in between the non-public accommodation providers and NSFAS funded students," NSFAS explained in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent will be paid every month for the accommodation provider (lessor) by NSFAS, on behalf of 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 a deposit, top-up payments, or any other kinds of payment for the lessor, or any other person in reference to this agreement, like payment of hire, although awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default within the payment of nsfas student document submission deadline rent by NSFAS," the agreement reads.
The NSFAS conditions and nsfas terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect selection by NSFAS, the scholar won't be accountable for payment of any arrear rent on the accommodation service provider, up till the date of being defunded."
NSFAS spelled out that exactly where the NSFAS-funded student chooses click here to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be answerable for payment of hire to the lessor within 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 more info 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 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 nsfas eligibility criteria in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za