Accommodation providers urged to end demanding deposit from NSFAS funded students



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

This comes just after NSFAS acquired experiences about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment as a way to get use of the authorized private accommodation.

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

The Standardised Fixed-Term Lease Agreement states which the lease will probably be paid out regular monthly into the accommodation provider (lessor) by NSFAS, on behalf on 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 demand or allow the lessee to pay a deposit, top-up payments, or almost every other varieties of payment towards the lessor, or almost every other person in reference to this agreement, like payment of hire, although awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default during the payment of rent by NSFAS," the arrangement reads.

The NSFAS terms and conditions for here private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect choice by NSFAS, the student won't be chargeable for payment of any arrear rent towards the accommodation supplier, up till the date of being defunded."

NSFAS discussed 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 responsible for payment of rent into the lessor through the here day of being defunded.

"Where the nsfas academic pathways 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 the student moves, more info 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 check here 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

Leave a Reply

Your email address will not be published. Required fields are marked *