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



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

This comes immediately after NSFAS gained experiences about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment so that you can get use of the accepted private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation vendors with the compulsory conditions, as provided by the Standardised Fixed-Term Lease Agreement among the personal accommodation companies and NSFAS funded students," NSFAS explained in a press release on Thursday.

The Standardised Fixed-Term Lease Agreement states which the lease is going to be paid out every month for the accommodation supplier (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance with the NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal.

"The lessor may not demand or allow the lessee to pay for a deposit, top-up payments, or every other forms of payment on the lessor, or some other person in connection with this arrangement, which includes payment of rent, even though awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default inside the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation suppliers’ participation on the student accommodation portal also states that: nsfas academic pathways "Where the NSFAS-funded student is defunded on account of an incorrect choice by NSFAS, the student won't be accountable for payment of any arrear rent to the accommodation service provider, up right until the date of being defunded."

NSFAS spelled out that wherever the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding currently being defunded by NSFAS, the scholar will be liable for payment of lease for more info the lessor through the day 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 provider, and any such rental payments will be website for the student own account," the scheme said.

The scheme emphasised that any dispute arising between the parties regarding the interpretation or here implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS get more info for this purpose.
From: SAnews.gov.za

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