ACCOMMODATION VENDORS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation vendors urged to end demanding deposit from NSFAS funded students

Accommodation vendors urged to end demanding deposit from NSFAS funded 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 following NSFAS obtained experiences about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment to be able to get access to the authorized private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers of the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Arrangement between the private accommodation vendors and NSFAS funded students," NSFAS reported in a press release on Thursday.

The Standardised Fixed-Term Lease Agreement states which the lease is going to be paid regular monthly for the accommodation provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for personal accommodation suppliers’ participation on the student accommodation portal.

"The lessor may not demand or allow the lessee to pay a deposit, top-up payments, or any other varieties of payment on the lessor, or any other person in reference to this arrangement, which include payment of rent, when awaiting payment from NSFAS. The lessor nsfas login shall have no recourse from the lessee for any default within the payment of rent by NSFAS," the arrangement 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 resulting from an incorrect read more determination by NSFAS, the student won't be answerable for payment of any arrear rent towards the accommodation company, up till the date of being defunded."

NSFAS spelled out that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding being defunded by NSFAS, the student will be accountable for payment of rent for the lessor from your date of becoming defunded.

"Where the student is defunded by website 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 click here 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 website dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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