Funding Options in Iceland
How to explore Icelandic education and training grants to reduce the cost of your online bootcamp.
How does bootcamp funding work in Iceland?
In Iceland, continued education is often supported through trade-union education funds (fræðslusjóðir/starfsmenntasjóðir) and professional development funds. Depending on your membership, employment status, and the fund’s rules, you may be able to reimburse part of eligible course fees.
Some employers can also finance upskilling through sector training funds and internal learning budgets. If you’re employed, it’s worth checking both your union/professional fund and your employer’s options.
Will it cover the full tuition?
Coverage varies by scheme. Many funds reimburse a percentage of eligible costs, reimburse specific course types, and/or reimburse up to a defined cap. Always confirm the rules and whether pre-approval is required before you enroll.
Who can apply?
Common eligibility routes for funding in Iceland include:
Trade-union or professional association members
Many Icelandic unions and professional associations offer grants for job-related training through their education funds (fræðslusjóðir/starfsmenntasjóðir). Examples include union-linked funds such as VR’s education grants and BHM’s professional development funding (eligibility and reimbursement rules vary by fund and membership).
Employer-sponsored upskilling
Sector training funds
Some sector funds support employee training through employer applications (availability and coverage depend on the fund and the training).
Company learning & development budget
Some employers reimburse training costs directly as part of a learning and development plan.
How can I apply?
Identify which route applies to you: union/professional education fund, employer sponsorship, or another training grant.
Check eligibility and requirements with your union/professional association (fræðslusjóður/starfsmenntasjóður) or your employer. In many cases, you’ll need supporting documents such as proof of membership/employment and an invoice or course description.
Confirm whether you need pre-approval before enrolling (some funds require approval before the course starts).
Apply for one of our bootcamps and request any supporting documents your fund/employer needs (course details, dates, and tuition invoice).
Once your funding is approved, confirm your enrollment and arrange the payment method (reimbursement, employer payment, or a payment plan).