Accommodation vendors urged to halt demanding deposit from NSFAS funded students



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 after NSFAS gained reports about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment as a way to get entry to the authorized private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers from the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Agreement in between the non-public accommodation companies and NSFAS funded students," NSFAS mentioned in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states the rent are going to be paid out regular monthly to your accommodation supplier (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation companies’ participation on the student accommodation portal.

"The lessor may not require or permit the lessee to pay for a deposit, top-up payments, or some other varieties of payment for the lessor, or another person in connection with this arrangement, together with payment of hire, even though awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default while in the payment of rent by NSFAS," the agreement reads.

The nsfas login NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect decision by NSFAS, the scholar will not be accountable for payment of any arrear rent to the accommodation service provider, up right up until the date of being defunded."

NSFAS stated that the place the NSFAS-funded read more student chooses to carry on occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar are going to be accountable for payment of lease to the lessor through the day nsfas university allowances of getting defunded.

"Where the student is defunded by NSFAS due to a misrepresentation by the website 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 for the student own account," get more info 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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