Accommodation providers urged to halt demanding deposit from NSFAS funded students
Accommodation providers 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 following NSFAS received stories about some accommodation companies who require NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation providers of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement between the personal accommodation vendors and NSFAS funded students," NSFAS mentioned in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states the rent will be paid regular towards the accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not need or allow the lessee to pay for a deposit, top-up payments, or almost every other forms of payment to the lessor, or some other person in connection with this agreement, together with payment of hire, even though awaiting payment from NSFAS. The lessor shall have no recourse versus the lessee for nsfas tvet any default during the payment of rent by NSFAS," the agreement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a get more info result of an incorrect determination by NSFAS, the coed won't be chargeable for payment of any arrear rent towards the accommodation company, up until eventually the date of being defunded."
NSFAS discussed that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student is going to be answerable for payment of hire for the lessor with the day of being defunded.
"Where nsfas document submission deadline 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 nsfas login 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 nsfas tvet of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za