ACCOMMODATION PROVIDERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation providers urged to halt demanding deposit from NSFAS funded students

Accommodation providers urged to halt 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 received stories about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment to be able to get usage of the permitted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Arrangement among the private accommodation providers and NSFAS funded students," NSFAS explained in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states the rent will be paid month-to-month to your accommodation company (lessor) by NSFAS, on behalf with the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation suppliers’ participation on the student accommodation portal.

"The lessor may not require or allow the lessee to pay a deposit, top-up payments, or almost every other sorts of payment towards the lessor, or any other person in connection with this arrangement, including payment of hire, when awaiting payment from NSFAS. The lessor shall have no recourse versus website the lessee for any default from the payment of rent by NSFAS," the agreement reads.

The nsfas login NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect determination by NSFAS, the coed will not be chargeable for payment of any arrear rent to the accommodation supplier, up until eventually the day of being defunded."

NSFAS spelled out that where the NSFAS-funded student chooses to continue occupying the nsfas university allowances leased premises, notwithstanding staying defunded by NSFAS, the scholar are going to be answerable for payment of lease towards the lessor from your date of currently being defunded.

"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must nsfas 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 website be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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