Accommodation suppliers urged to stop demanding deposit from NSFAS funded university 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 comes soon after NSFAS acquired reports about some accommodation vendors who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get entry to the authorised private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation suppliers of the compulsory conditions, as furnished by the Standardised Fixed-Term Lease Agreement in between the private accommodation vendors and NSFAS funded students," NSFAS explained in an announcement on Thursday.

The Standardised Fixed-Term Lease Agreement states the lease will likely be paid regular into the accommodation service provider (lessor) by NSFAS, on behalf of the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.

"The lessor may not involve or allow the lessee to pay a deposit, top-up payments, or some other forms of payment towards the lessor, or every other person in connection with this arrangement, together with payment of lease, though awaiting payment from NSFAS. The lessor shall don't have any recourse in opposition to the lessee for any default from the payment of rent by NSFAS," the arrangement reads.

The NSFAS terms and conditions for private accommodation vendors’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect choice by NSFAS, the scholar will not be chargeable for payment of any arrear rent into the accommodation company, up right website up until the date of being defunded."

NSFAS discussed that where the NSFAS-funded student chooses to continue occupying the leased premises, notwithstanding remaining defunded by NSFAS, the student is going to be liable for payment of rent into the lessor from your day of being defunded.

"Where the student is defunded by NSFAS due to a here misrepresentation by the lessee/guardian at get more info 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, nsfas university allowances and any 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 nsfas status check 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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