ACCOMMODATION SUPPLIERS URGED TO HALT DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation suppliers urged to halt demanding deposit from NSFAS funded students

Accommodation suppliers 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 just after NSFAS been given experiences about some accommodation vendors who require NSFAS-funded students to pay a deposit or top-up payment in order to get usage of the accredited private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers on the compulsory conditions, as supplied by the Standardised Fixed-Term Lease Settlement in between the non-public accommodation companies and NSFAS funded students," NSFAS stated in an announcement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the rent will probably be paid monthly towards the accommodation provider (lessor) by NSFAS, on behalf from the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation companies’ participation on the student accommodation portal.

"The lessor may not demand or permit the lessee to pay a deposit, top-up payments, or every other types of payment towards the lessor, or almost every other person in connection with this agreement, like payment of lease, check here though awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default while in the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded as a result of an website incorrect selection by NSFAS, the scholar will not be responsible for payment of any arrear rent on the accommodation provider, up until the date of being defunded."

NSFAS defined that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded nsfas eligibility criteria by NSFAS, the scholar will be responsible for payment of hire to the nsfas login 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 here 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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