Accommodation vendors urged to halt demanding deposit from NSFAS funded students



The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.

This arrives soon after NSFAS obtained reports about some accommodation companies who require NSFAS-funded students to pay for a deposit or top-up payment so as to get entry to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers on the compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement involving the non-public accommodation vendors and NSFAS funded students," NSFAS mentioned in an announcement on Thursday.

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

"The lessor may not need or allow the lessee to pay a deposit, top-up payments, or every other forms of payment into the lessor, or some other person in connection with this agreement, such as payment of hire, although awaiting payment from NSFAS. The lessor shall haven't any recourse towards the lessee for any default in the payment of rent by NSFAS," the agreement reads.

The NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student nsfas student document submission deadline is defunded due to an incorrect choice by NSFAS, the scholar won't be responsible for payment of any get more info arrear rent into the accommodation provider, up until finally the day of being defunded."

NSFAS stated that exactly where the NSFAS-funded student chooses here to continue occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar will be responsible for payment of lease to your lessor from 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 check here 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 dispute resolution procedure determined here by NSFAS for this purpose.
From: SAnews.gov.za

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