ACCOMMODATION SUPPLIERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED COLLEGE STUDENTS

Accommodation suppliers urged to halt demanding deposit from NSFAS funded college students

Accommodation suppliers urged to halt demanding deposit from NSFAS funded college 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 immediately after NSFAS obtained reports about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment so as to get entry to the accredited private accommodation.

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

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

"The lessor may not require or permit the lessee to pay for a deposit, top-up payments, or any other types of payment for the lessor, or some other person in connection with this agreement, such as payment of rent, while awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default within the payment of rent by NSFAS," the arrangement reads.

The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an incorrect decision by NSFAS, the scholar will not be answerable for payment of any arrear rent to your accommodation supplier, up till the day of being defunded."

NSFAS defined that exactly where the NSFAS-funded student chooses website to continue occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student are going to be accountable for payment of lease to the lessor from your 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 leased property; and will be liable for payment of all rent due to the accommodation provider.

"Where check here 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 nsfas student document submission deadline for the student own account," the scheme said.

The scheme emphasised that any check here dispute arising between the parties regarding the interpretation or implementation nsfas allowances 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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