ACCOMMODATION VENDORS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation vendors urged to end demanding deposit from NSFAS funded students

Accommodation vendors urged to end demanding deposit from NSFAS funded students

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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 immediately after NSFAS gained stories about some accommodation providers who require NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the accredited private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers with the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Agreement amongst the non-public accommodation companies and NSFAS funded students," NSFAS explained in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the rent are going to be paid regular for the accommodation company (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation vendors’ participation on the student accommodation portal.

"The lessor may not require or permit the lessee to pay a deposit, top-up payments, or any other sorts of payment to your lessor, or another person in reference to get more info this arrangement, which includes payment of rent, even though awaiting payment from NSFAS. The lessor shall don't have any recourse towards the lessee for any default inside the payment of get more info rent by NSFAS," the arrangement reads.

The NSFAS conditions and nsfas document submission deadline terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due nsfas student document submission deadline to an incorrect decision by NSFAS, the scholar will not be answerable for payment of any arrear rent for the accommodation provider, up right until the day of being defunded."

NSFAS spelled out that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student are going to be chargeable for payment of rent into the lessor from the day of being 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 nsfas login 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 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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