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

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

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

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

This comes just after NSFAS obtained experiences about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment so that you can get entry to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers from the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement between the personal accommodation vendors and NSFAS funded students," NSFAS mentioned in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states the rent are going to be paid every month to the accommodation supplier (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance with 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 some other forms of payment towards the lessor, or every other person in connection with this arrangement, such as payment of rent, even though awaiting payment from NSFAS. The lessor shall don't have any recourse versus the lessee for any default within the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation suppliers’ participation on the student website accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect check here determination by NSFAS, the student won't be liable for payment of any arrear rent for the accommodation service provider, up until finally the day of being defunded."

NSFAS stated that exactly where the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar will be answerable for nsfas academic pathways payment of rent to your lessor within the day of being 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 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 any dispute check here resolution procedure determined by NSFAS for this purpose. get more info
From: SAnews.gov.za

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