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

This arrives right after NSFAS been given stories about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment to be able to get usage of the authorised private accommodation.

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

The Standardised Fixed-Term Lease Agreement states the lease will probably be paid month to month into the accommodation supplier (lessor) by NSFAS, on behalf with 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 need or permit the lessee to pay for a deposit, top-up payments, or any other kinds of payment to the lessor, or some other person in reference to this arrangement, including payment of rent, although awaiting payment from NSFAS. The nsfas login lessor shall don't have any recourse from the lessee for any default in the payment of rent by NSFAS," the arrangement reads.

The NSFAS conditions and terms for private accommodation providers’ participation check here on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the coed won't be chargeable for payment of any arrear rent into the accommodation service provider, up till the date of being defunded."

NSFAS described that where by the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the student is going to be responsible for payment of lease to nsfas academic pathways the lessor with 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 nsfas student allowances 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 allowances 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 dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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