ACCOMMODATION SUPPLIERS URGED TO STOP DEMANDING DEPOSIT FROM NSFAS FUNDED UNIVERSITY STUDENTS

Accommodation suppliers urged to stop demanding deposit from NSFAS funded university students

Accommodation suppliers urged to stop demanding deposit from NSFAS funded university 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 following NSFAS acquired stories about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment in an effort to get entry to the accepted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers from the obligatory conditions, as provided by the Standardised Fixed-Term Lease Settlement involving the private accommodation companies and NSFAS funded students," NSFAS reported in a press release on Thursday.

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

"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or almost every other sorts of payment into the lessor, or another person in connection with this arrangement, which includes payment of lease, when awaiting payment from NSFAS. The lessor shall haven't any recourse from the lessee for any default inside the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for 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 coed will not be responsible for read more payment of any arrear rent for the accommodation supplier, up until finally the date of being defunded."

NSFAS defined 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 answerable for payment of rent to your lessor from your day of getting 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 nsfas academic pathways 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 nsfas university allowances be dealt with in accordance with any dispute resolution procedure determined by NSFAS for nsfas eligibility criteria this click here purpose.
From: SAnews.gov.za

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