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 never to require a deposit or top-up payment from NSFAS-funded students.

This comes immediately after NSFAS been given stories about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the accepted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors in the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement in between the non-public accommodation companies and NSFAS funded students," NSFAS stated in a press release on Thursday.

The Standardised Fixed-Term Lease Agreement states which the rent will likely be paid monthly to your accommodation provider (lessor) by NSFAS, on behalf from 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 any other types of payment to your lessor, or any other person in connection with this agreement, together with payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default inside the payment of rent by NSFAS," the agreement reads.

The NSFAS terms and conditions 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 determination by NSFAS, the student will not be accountable for payment of any arrear rent to your accommodation provider, up until finally the date of being defunded."

NSFAS discussed that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by read more NSFAS, the scholar is going to be responsible for payment of lease to the lessor within the day of remaining defunded.

"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the nsfas academic pathways 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 nsfas login 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 nsfas document submission deadline the agreement, must be dealt with in accordance with any get more info dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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