Accommodation providers urged to halt demanding deposit from NSFAS funded students



The National Student Financial Aid Scheme (NSFAS) has urged landlords never to demand a deposit or top-up payment from NSFAS-funded students.

This comes after NSFAS gained experiences about some accommodation vendors who need NSFAS-funded students to pay a deposit or top-up payment so as to get access to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers with the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Agreement amongst the private accommodation companies and NSFAS funded students," NSFAS stated in an announcement on Thursday.

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

"The lessor may not demand or permit the lessee to pay for a deposit, top-up payments, or almost every other kinds of payment towards the lessor, or every other person in reference to this arrangement, including payment of lease, when awaiting payment from NSFAS. The lessor shall have no recourse from the lessee for any default while in the payment of rent by NSFAS," the arrangement reads.

The NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states get more info that: "Where the NSFAS-funded student is defunded resulting from an incorrect choice by NSFAS, the scholar will not be chargeable for payment of any arrear rent for the accommodation provider, up till the day of being defunded."

NSFAS described that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the student will be accountable for payment of rent to your lessor in the day of getting defunded.

"Where the nsfas student document submission deadline student is defunded by NSFAS due click here 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 nsfas student allowances be for the student own click here 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 dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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