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 right after NSFAS been given stories about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get access to the approved private accommodation.

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

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

"The lessor may not require or permit the lessee to pay a deposit, top-up payments, or almost every other types of payment to the lessor, or almost every other person in connection with this arrangement, which includes payment of rent, when awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default within the payment of rent by NSFAS," the agreement 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 as a result of an incorrect determination by NSFAS, the student won't be accountable for payment of any arrear rent on the accommodation service provider, up right up until the date of being defunded."

NSFAS described nsfas academic pathways that in which the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar is going to be accountable for payment of rent to your lessor within the day of remaining defunded.

"Where the student is defunded by NSFAS due get more info 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, check here and any such rental payments read more 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 nsfas application delay with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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