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



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

This comes soon after NSFAS gained experiences about some accommodation companies who demand NSFAS-funded students to pay for a deposit or top-up payment so that you can get use of the accredited private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Arrangement involving the non-public accommodation suppliers and NSFAS funded students," NSFAS stated in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states which the rent will probably be paid out regular for the accommodation service provider (lessor) by NSFAS, on behalf in the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for private accommodation suppliers’ 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 types of payment to your lessor, or some other person in more info reference to this agreement, such as payment of hire, whilst awaiting payment from NSFAS. The lessor shall have no recourse in opposition to the lessee for any default during the payment of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation providers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student nsfas university allowances is defunded as a consequence of an incorrect determination by NSFAS, the coed won't be liable for payment of any arrear rent to your accommodation service provider, up until finally the day of being defunded."

NSFAS explained that the place the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding getting defunded by NSFAS, the scholar is going to be liable for payment of hire to the lessor from the day of currently being defunded.

"Where the student is defunded by website 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 nsfas document submission deadline 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 check here with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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