Accommodation providers urged to end demanding deposit from NSFAS funded college 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 been given experiences about some accommodation suppliers who require NSFAS-funded students to pay for a deposit or top-up payment in an effort to get usage of the accredited private accommodation.

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

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

"The lessor may not demand or permit the lessee to pay a deposit, top-up payments, or every other types of payment to the lessor, or any other person in reference to this arrangement, together with website payment of lease, though awaiting payment from NSFAS. The lessor shall don't have any recourse from the lessee for any default during the payment website of rent by NSFAS," the agreement reads.

The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states nsfas login that: "Where the NSFAS-funded student is defunded because of an incorrect determination by NSFAS, the scholar will not be liable for payment of read more any arrear rent to your accommodation service provider, up till the day of being defunded."

NSFAS described that in which the NSFAS-funded student chooses to carry on occupying the leased premises, read more notwithstanding getting defunded by NSFAS, the scholar are going to be responsible for payment of lease to the lessor from your date of currently being 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 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 with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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