Students at the University of Iceland may apply for an Erasmus+ grant to fund traineeships or research work in European universities, companies or institutes. The stay must be between two and twelve months. It is also possible to pursue a traineeship up to twelve months after completing a degree, but note that the application must be submitted before graduation from the University of Iceland.
Travel and maintenance grants are available. Grant sums are determined by destination, but travel grants are between EUR 275-820 and maintanence grants are between EUR 670-770 a month.
The annual application deadline is 1 April. Applications submitted after the deadline will be accepted, but those who apply before 1 April will be given priority.