ACCOMMODATION SUPPLIERS URGED TO END DEMANDING DEPOSIT FROM NSFAS FUNDED STUDENTS

Accommodation suppliers urged to end demanding deposit from NSFAS funded students

Accommodation suppliers urged to end demanding deposit from NSFAS funded students

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

This arrives right after NSFAS been given experiences about some accommodation suppliers who require NSFAS-funded students to pay a deposit or top-up payment so that you can get entry to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors of the obligatory conditions, as supplied by the Standardised Fixed-Term Lease Settlement among the private accommodation suppliers and NSFAS funded students," NSFAS stated in a press release on Thursday.

The Standardised Fixed-Term Lease Agreement states the lease will likely be paid out every month on the accommodation provider (lessor) by NSFAS, on behalf on 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 require or permit the lessee to pay a deposit, top-up payments, or another types of payment for the lessor, or almost every other person in connection with this agreement, like payment of lease, although awaiting payment from NSFAS. The lessor shall haven't any recourse versus the lessee for any default inside the payment of rent click here by NSFAS," the arrangement reads.

The NSFAS terms and conditions for private accommodation providers’ participation on nsfas document submission deadline the student accommodation portal also states that: "Where the NSFAS-funded student is defunded on account of an incorrect selection by NSFAS, the coed will not be liable for payment of any arrear rent towards the accommodation supplier, up right up until the date of being defunded."

NSFAS explained that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding remaining defunded by NSFAS, the scholar will be liable for payment of hire to your lessor through the date of staying 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 get more info provider, and any such rental payments will be for the student own account," the get more info 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: nsfas login SAnews.gov.za

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