ACCOMMODATION PROVIDERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation providers urged to halt demanding deposit from NSFAS funded students

Accommodation providers urged to halt demanding deposit from NSFAS funded students

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The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.

This arrives immediately after NSFAS received stories about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment as a way to get entry to the approved private accommodation.

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

The Standardised Fixed-Term Lease Agreement states the lease is going to be paid out every month for the accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal.

"The lessor may not involve or permit the lessee to pay a deposit, top-up payments, or almost every other forms of payment for the lessor, or almost every other person in reference to this arrangement, which includes payment of nsfas login lease, even though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default within check here the payment of rent by NSFAS," the agreement 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 student will not be accountable for payment of any arrear rent for the accommodation supplier, up until eventually the date of being defunded."

NSFAS described that wherever the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming nsfas student document submission deadline defunded by NSFAS, the scholar is going to be accountable for payment of lease for the lessor from the day of becoming 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 property; and will be liable for payment of nsfas 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 in accordance with any dispute resolution procedure determined by NSFAS for nsfas student document submission deadline this purpose.
From: SAnews.gov.za

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