Financial assistance
People may need financial aid in a number of situations. Financial aid is provided for individuals and families who are unable to make a living without assistance, in order to support people for self-help and maintaining themselves.
When can I apply for financial aid?
You can apply for financial aid anytime during the month, but it's best to apply at the beginning of the month.
How do I apply for financial aid?
You submit an online application through My Pages. You can apply at any time of the month. You apply for one month of aid at a time. The application is not valid until you choose to submit it.
If you don't have an electronic ID to apply on the web, you can request help from a Center in your neighborhood.
What happens next?
If you are applying for financial assistance for the first time, or if six months have passed since you last applied for financial assistance, you need to visit a Center within two business days of submitting your application to verify your identity by showing a photo ID.
After receiving your financial assistance application, we verify whether you meet the criteria of the Rules on Financial Assistance. Your application will either be approved or denied.
If your application is approved, you will receive financial aid payment by the first weekday next month.
If your application is denied, and you believe there are exceptional circumstances, you can request a review by the Welfare Council Appeal Board.
How much financial aid is available?
Individuals can receive up to 247,572 kr. in financial aid per month. Married couples and common-law partners can receive up to 396,115 kr. in financial aid per month.
Am I entitled to financial aid?
You could be eligible for financial aid if you are at least 18 years old, you have legal residence in Reykjavík and you meet the criteria for income and assets. The aid may take the form of a loan or a grant. Individuals and families may receive assistance under special circumstances, including help around the home, for studying or because of unexpected trauma.
What is available to people receiving financial aid?
- Guarantee certificate Guarantee for payment of a deposit for property rental
- Grant for necessary dental care For people who have received financial aid for at least 12 months
- Funeral grant Grant to pay for funeral expenses
- Social counseling Targeted counseling for individuals and families
- Child-related payments For parents who receive financial aid and have children in their care