ACCOMMODATION SUPPLIERS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED UNIVERSITY STUDENTS

Accommodation suppliers urged to end demanding deposit from NSFAS funded university students

Accommodation suppliers urged to end demanding deposit from NSFAS funded university students

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

This arrives soon after NSFAS obtained experiences about some accommodation vendors who need NSFAS-funded students to pay for a deposit or top-up payment to be able to get access to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers on the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Settlement in between the private accommodation vendors and NSFAS funded students," NSFAS explained in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states which the rent will likely be paid month-to-month to 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 companies’ participation on the student accommodation portal.

"The lessor may not call for or permit the lessee to pay a deposit, top-up payments, or some other types of payment on the lessor, or some other person in reference to this arrangement, such as payment of lease, though nsfas login awaiting payment from NSFAS. The lessor shall have no recourse versus 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 is defunded on account of an incorrect determination by NSFAS, the coed will not be liable for payment of any arrear rent to the accommodation supplier, up right until the day of being defunded."

NSFAS defined that wherever the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding being defunded by NSFAS, the scholar are going to be chargeable for payment of lease to your lessor within 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 nsfas academic pathways will be liable for payment of all rent due to the accommodation provider.

"Where the student nsfas student document submission deadline moves, accommodation providers without the prior approval of NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, and any website 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 here 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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