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

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

Accommodation suppliers urged to end 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 right after NSFAS been given experiences about some accommodation vendors who require NSFAS-funded students to pay a deposit or top-up payment to be able to get access to the accepted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors on the obligatory conditions, as provided by the Standardised Fixed-Term Lease Arrangement in between the personal accommodation companies and NSFAS funded students," NSFAS reported in an announcement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the rent is going to be paid regular towards the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation vendors’ participation on the student accommodation portal.

"The lessor may not involve or allow the lessee to pay for a deposit, top-up payments, or some other varieties of payment to your lessor, or some other person in reference to this agreement, including payment of lease, while awaiting payment nsfas document submission deadline from NSFAS. The lessor shall haven't any recourse from the lessee for any default within the payment of rent by NSFAS," nsfas academic pathways the arrangement reads.

The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a consequence of an incorrect choice by NSFAS, the coed won't be accountable for payment of any arrear rent into the accommodation provider, up until eventually the date of being defunded."

NSFAS stated that the place the NSFAS-funded student chooses to carry on occupying the nsfas academic pathways leased premises, notwithstanding getting defunded by NSFAS, the scholar are going to be accountable for payment of lease into the lessor in the date of currently being defunded.

"Where the student is defunded by NSFAS due to a misrepresentation nsfas allowances 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, and any such rental payments will be for the student own account," the scheme said.

The scheme emphasised nsfas eligibility criteria 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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