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

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

Accommodation vendors urged to stop demanding deposit from NSFAS funded university 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 arrives following NSFAS obtained reports about some accommodation vendors who demand NSFAS-funded students to pay a deposit or top-up payment so as to get entry to the accredited private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation companies from the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement between the non-public accommodation companies and NSFAS funded students," NSFAS said in a press release on Thursday.

The Standardised Fixed-Term Lease Agreement states the rent are going to be paid month-to-month to the accommodation company (lessor) by NSFAS, on behalf in 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 require or allow the lessee to pay for a deposit, top-up payments, or some other forms of payment on the lessor, or any other person in reference to this arrangement, together with payment of rent, when awaiting payment from NSFAS. The get more info lessor shall have no recourse from the lessee for any default within the payment of rent by NSFAS," the arrangement reads.

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

NSFAS discussed that where by the NSFAS-funded student chooses nsfas tvet to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar are going to be answerable for payment of lease to the lessor in the 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 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 nsfas status check dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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