ACCOMMODATION VENDORS URGED TO STOP DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation vendors urged to stop demanding deposit from NSFAS funded students

Accommodation vendors urged to stop 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 soon after NSFAS received reports about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment to be able to get access to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers on the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement in between the non-public accommodation companies and NSFAS funded students," NSFAS said in a press release on Thursday.

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

"The lessor may not involve or permit the lessee to pay for a deposit, top-up payments, or any other sorts of payment towards the lessor, or almost every other person in reference to this agreement, together with payment of rent, even though awaiting payment from NSFAS. The lessor shall haven't any recourse towards the nsfas login lessee for any default from the payment of rent by NSFAS," the arrangement 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 resulting from an incorrect determination by NSFAS, the student will not be responsible for payment of any arrear rent to your accommodation service click here provider, up until finally the date of being defunded."

NSFAS stated that exactly where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding becoming defunded by NSFAS, the student will be accountable for payment of rent towards the lessor from your date of becoming defunded.

"Where the student is defunded by NSFAS due to a check here 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 read more 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 emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt with in accordance with click here any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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