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

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

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

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The National Student Financial Aid Scheme (NSFAS) has urged landlords to not require a deposit or top-up payment from NSFAS-funded students.

This arrives just after NSFAS received stories about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get entry to the permitted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the obligatory conditions, as provided by the Standardised Fixed-Term Lease Agreement among the non-public accommodation vendors and NSFAS funded students," NSFAS stated in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states the lease will be paid out regular on the accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal.

"The lessor may not demand or permit the lessee to pay for a deposit, top-up payments, or every other forms of payment to your lessor, or some other person in reference to this agreement, including payment of lease, whilst awaiting payment from NSFAS. The lessor shall haven't more info any recourse towards the lessee for any default inside 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 because of an incorrect choice by NSFAS, the coed won't be responsible nsfas application delay for payment of any arrear rent into the accommodation provider, up until finally the date of being defunded."

NSFAS explained that the place the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding becoming defunded by NSFAS, the scholar are going to be accountable for payment of lease into the lessor in the date of remaining defunded.

"Where the student is defunded by NSFAS due to a misrepresentation read more by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for payment of website 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 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 any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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