ACCOMMODATION PROVIDERS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation providers urged to end demanding deposit from NSFAS funded students

Accommodation providers 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 comes just after NSFAS received experiences about some accommodation suppliers 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 in the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement among the private accommodation vendors and NSFAS funded students," NSFAS stated in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states the lease is going to be paid out regular monthly for the accommodation provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.

"The lessor may not have to have or allow the lessee to pay a deposit, top-up payments, or another types of payment on the lessor, or every other person in reference to this arrangement, including payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.

The NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the read more NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the here coed won't be liable for payment of any arrear rent for the accommodation supplier, up until eventually the day of being defunded."

NSFAS stated that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar is going to be accountable for payment of lease on the lessor from nsfas academic pathways your day of becoming 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 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 nsfas tvet emphasised nsfas application delay 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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