National Insurance to Transfer NIS 335 Million in Study Grants Directly to Recipients' Bank Accounts

The National Insurance Institute will tomorrow (Tuesday) transfer the annual study grant to over 140,000 families in Israel. Approximately NIS 335 million will be automatically transferred this year to the bank accounts of eligible recipients, an increase of about NIS 35 million compared to the amount paid in 2024. The grant will be paid for 197,000 children in families headed by a single parent and for 79,000 children in families with four or more children receiving subsistence allowances (income support, alimony, disability, senior citizen, or survivors). The grant amount is NIS 1,204 per child aged 6 to 18, for children born from January 1, 2009, to December 31, 2020. However, eligibility may also apply to children not born within this date range but who are actually enrolled in first grade or twelfth grade. In such cases, an official study certificate can be submitted to the National Insurance Institute. The National Insurance Institute noted that if there has been a change in family status, it is advisable to check eligibility conditions and submit a one-time application. Zvika Cohen, Acting Director General of the National Insurance Institute, said the grant is intended to ease the burden on eligible families ahead of the school year and help with associated expenses, and that it will be transferred automatically to most recipients to allow parents to receive assistance without unnecessary bureaucracy.