ACCOMMODATION VENDORS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED UNIVERSITY STUDENTS

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

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

Blog Article



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

This arrives soon after NSFAS gained reports about some accommodation providers who need NSFAS-funded students to pay a deposit or top-up payment in an effort to get usage of the accepted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors in the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement between the non-public accommodation companies and NSFAS funded students," NSFAS stated in an announcement on Thursday.

The Standardised Fixed-Term Lease Agreement states the rent might be paid regular monthly towards the accommodation service provider (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for personal accommodation providers’ participation on the student accommodation portal.

"The lessor may not involve or permit the lessee to pay a deposit, top-up payments, or any other varieties of payment to the lessor, or another person in connection with this agreement, including payment of hire, whilst awaiting payment from NSFAS. The lessor shall have no recourse from the lessee for any default during the payment of rent by NSFAS," the arrangement reads.

The NSFAS terms and conditions 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 read more NSFAS, the scholar will not be chargeable for payment nsfas login of any arrear rent towards the accommodation company, up right up until the day of being defunded."

NSFAS defined that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar are going to be liable for payment of lease on the lessor within the date of remaining 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 nsfas be liable for payment of all rent due to the accommodation provider.

"Where the student moves, accommodation providers without the prior nsfas student document submission deadline 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 document submission deadline this purpose.
From: SAnews.gov.za

Report this page