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Tuition Fees in Iceland

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Tuition Fees & Study Costs in Iceland

Study costs in Iceland will depend on a variety of factors such as the university you are choosing to attend, the course you wish to take and whether you are an EU or non-EU student.

Private universities charge tuition fees that are comparatively low compared to other European institutions while public universities have an annual registration fee in the place of a tuition.

Non-EU students will be required to pay for an application fee as well. 

Quick Facts about Tuition Fees in Iceland

  • Bifröst University, Iceland Academy of the Arts, and Reykjavik University are the three private institutions in the country.
  • Tuition fees can range from ISK 540,000 – ISK 2,000,000 per year (USD 5,351; EUR 4,358 - USD 19820; EUR 16,139)
  • Agricultural University of Iceland, Hólar University College, University of Akureyri and the University of Iceland are the four public universities in Iceland.
  • The annual registration fees clocks in at ISK 75,000 (USD 743; EUR 605)

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There are a couple of options available for international students seeking financial support with regards to their studies in Iceland.

  • Reykjavik University and the University of Iceland are the only ones offering grants and scholarships among the seven universities in Iceland.
  • The Icelandic Ministry of Education, Science and Culture also awards scholarships to international students who wish to pursue the study of Icelandic as a second language. This program is executed through the Árni Magnússon Institute for Icelandic Studies
  • Those pursuing research studies can take advantage of the Icelandic Research Fund (IRF) and the Icelandic Student Innovation Fund (ISIF) after their projects are approved after a proposal. While this is geared more towards PhD students, those taking up their Masters can apply as well.
  • Erasmus Masters funding is also available for international students from the EU.

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Sources:

  • http://www.study-domain.com/study-in-iceland-tuition-fees-cost-of-living-and-list-of-top-universities/
  • https://www.prospects.ac.uk/postgraduate-study/study-abroad/study-in-iceland
  • http://www.arnastofnun.is/page/studentastyrkir_menntamalaraduneytis_en
  • http://study.iceland.is/study-in-iceland/scholarships
Last update: 13 Mar 2018

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