How to apply

Instructions for Applicants

The project must be in research and/or development.
The project cannot be a student's final thesis.
Undergraduate and master's students can apply for a grant irrespective of their university's country. Students must have a supervisor specified to apply for a grant.
Specialists in universities or research institutes who want to hire a university student can apply. Supervisors can apply without specifying a student.
The maximum number of months each student applied for can get is 3 man-months. The fund provides 340,000kr per month for each student. There is no maximum number of students or supervisors per project.
80% of the grant is paid out when the contract is signed and 20% when a final technical report and research paper/final paper is submitted. The grants are only paid to the accounts of Icelandic universities, institutions and companies, and to students with an Icelandic ID (kennitala).
Students who get paid straight to their own bank accounts don't need to turn in a taxcard, since the current tax year isn't settled until next year.