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 not to demand a deposit or top-up payment from NSFAS-funded students.

This comes soon after NSFAS acquired reports 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 of your compulsory conditions, as furnished by the Standardised Fixed-Term Lease Settlement concerning the non-public accommodation suppliers and NSFAS funded students," NSFAS explained in a statement on Thursday.

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

"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or almost every other varieties of payment to the lessor, or another person in reference to this agreement, including payment of rent, when nsfas student document submission deadline awaiting payment from NSFAS. The lessor shall don't have any recourse against the lessee for any nsfas eligibility criteria default within the payment of rent by NSFAS," the agreement reads.

The NSFAS terms and conditions for private accommodation vendors’ 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 scholar will not be chargeable for payment of any arrear rent to the accommodation provider, up until eventually the date of being defunded."

NSFAS discussed that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the student will check here be responsible nsfas status check for payment of lease to the lessor from your date of getting 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 more info 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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