Accommodation vendors urged to end demanding deposit from NSFAS funded university students



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 acquired reports about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get entry to the authorized private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement in between the non-public accommodation companies and NSFAS funded students," NSFAS mentioned in a press release on Thursday.

The Standardised Fixed-Term Lease Agreement states which the rent are going to be paid every month on the accommodation service provider (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 require or permit the lessee to pay a deposit, top-up payments, or another types of payment on the lessor, or almost every other person in reference to this arrangement, including payment of rent, even though awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default from the payment of rent by read more NSFAS," the arrangement reads.

The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect decision by NSFAS, the student will not be answerable for payment of any arrear rent into the accommodation service provider, up right until the day of being defunded."

NSFAS discussed that the place the NSFAS-funded student read more chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar are going to be responsible for payment of rent to your lessor from your day of remaining defunded.

"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the nsfas tvet 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 check here 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 nsfas allowances 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

Leave a Reply

Your email address will not be published. Required fields are marked *