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The main office of Icelandic Student Loan Fund is located in Borgartún 21, IS-105 Reykjavík.

It is open from 9 am to 4 pm on weekdays.

       Tel: 560 4000
Telefax: 560 4090


The Funds’ employees give information and assistance over the telephone and in interview from 9 pm to 4 pm on weekdays.

The Fund offers student loans at educational institutions that require preparatory study comparable to university study in Iceland.

The Fund may offer student loans to other students, provided that they are pursuing special studies.

Loans are not offered for studies that form part of paid employment under an employment contract, nor are there offered loans for preparatory studies or for studies undertaken after the student has earned a doctorate degree.

One condition for receiving assistance from the Fund is that the applicant is financially competent.

Icelandic Student Loan Fund Act is to be found under the link here below. 
The Icelandic Student Loan Fund Act

Regulation No. 478/2011 on The Icelandic Student Loan Fund

Allocation rules 2008-2009

Allocation rules 2009-2010

Allocation rules 2010-2011

Allocation rules 2011-2012

Allocation rules 2012-2013

Allocation rules 2013-2014

Allocation rules 2014-2015

Allocation rules 2015-2016

Useful glossary