Erasmus+ grant in Iceland
What you get for studying in Iceland depends on your university's country: Iceland is in cost-of-living group 1, and each National Agency sets its amount within the bands of the Programme Guide.
Plan your Erasmus+ in IcelandHow much is the Erasmus+ grant for Iceland?
| From | Agency | Per month |
|---|---|---|
| Romania | ANPCDEFP | €674 |
| Poland | FRSE | €670 |
| Czechia | DZS | €660 |
| Belgium (Wallonia-Brussels Federation) | AEF-Europe | €600 |
| Germany | NA DAAD | €600 |
| Hungary | Tempus Közalapítvány | €600 |
| Türkiye | Türkiye Ulusal Ajansı | €600 |
| Sweden | UHR | €580 |
| Finland | EDUFI | €540 |
| Austria | OeAD | €520 |
| Portugal | Agência Nacional Erasmus+ | €500 |
| Belgium (Flanders) | Epos Vlaanderen | €419 |
| Italy | INDIRE | €400 |
| Netherlands | Nuffic | €390 |
| Ireland | HEA | €385 |
| Spain | SEPIE | €350 minimum |
| France | Agence Erasmus+ France | €292 minimum |
The same stay is paid differently depending on the country of the home university. These are the monthly amounts of the National Agencies we have documented; ‘minimum’ means each university can pay more.
Sources: ANPCDEFP; FRSE; DZS, Dům zahraniční spolupráce; AEF-Europe (publicado por la Haute École en Hainaut); NA DAAD; Universität des Saarlandes; ELTE; Akdeniz Üniversitesi; UHR, Universitets- och högskolerådet; Opetushallitus (EDUFI); OeAD, Nationalagentur Erasmus+ Bildung; Agência Nacional Erasmus+ Educação e Formação; Epos Vlaanderen; Agenzia Nazionale Erasmus+ INDIRE; Nuffic, Nationaal Agentschap Erasmus+ Onderwijs & Training; University College Dublin; SEPIE; Agence Erasmus+ France / Éducation & Formation; Comisión Europea. Accessed on 22 October 2026.
Iceland is in cost-of-living group 1 of the Erasmus+ Programme Guide. The same group includes Germany, Austria, Belgium, Denmark, Finland, France, Ireland, Italy, Liechtenstein, Luxembourg, Norway, Netherlands, United Kingdom, Sweden, Switzerland.
Sources: Comisión Europea; Universitat de València. Accessed on 22 October 2026.
On top of this comes travel support, which depends on the distance and is higher if you go by train or bus, and any grants from your country, your region or your university. The planner adds the travel support for you.
When is it paid?
Usually after you arrive. 62.7% received the Erasmus+ grant only after leaving. Of those leaving Spain, only 11.6% are paid before they go. That is why you have to pay the journey, the deposit and the first months' rent up front.
Source: Erasmus Student Network. Accessed on 22 October 2026.
Work out how much you will have to pay up front to go to Iceland.
How much does a room cost in Iceland?
We don't yet have sourced room prices for cities in Iceland. In the planner you can enter the rent you are asked for.
How do you avoid scams when looking for a flat in Iceland?
25% were scammed while looking for accommodation; in Italy, more than 38%.
Source: Erasmus Student Network y European Students' Union. Accessed on 22 October 2026.
Before you pay anything, run the listing and the messages through the listing checker: it tells you which scam warning signs appear and what to do about each one.