ACCOMMODATION PROVIDERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED UNIVERSITY STUDENTS

Accommodation providers urged to halt demanding deposit from NSFAS funded university students

Accommodation providers urged to halt demanding deposit from NSFAS funded university students

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The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.

This arrives just after NSFAS gained experiences about some accommodation providers who require NSFAS-funded students to pay for a deposit or top-up payment so that you can get use of the permitted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers with the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation suppliers and NSFAS funded students," NSFAS stated in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out monthly into the accommodation company (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation companies’ participation on the student accommodation portal.

"The lessor may not need or allow the lessee to pay a deposit, top-up payments, or another sorts of payment to your lessor, or any other person in reference to this agreement, together with payment of rent, even though awaiting payment from NSFAS. The lessor shall have no recourse against the lessee for any default from the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect choice by NSFAS, the student will not be responsible for payment of any arrear rent towards the accommodation service nsfas tvet provider, up right up until the day of being defunded."

NSFAS described that the place the NSFAS-funded student chooses to continue occupying nsfas academic pathways the leased premises, notwithstanding staying defunded by NSFAS, the student will be chargeable for payment of get more info lease for the lessor through the date of remaining defunded.

"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at nsfas tvet 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 check here 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 this purpose.
From: SAnews.gov.za

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