National Information

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OVERVIEW

In Iceland all students in all education cycles pay fees.
Differentiation fee policies informed by the field of study or the programme is not applied.
Waivers or reductions are available and subject to criteria related to the socio-economic status of the students.
Direct financial support is available through loans. Grants are not available.
Indirect financial support to students' parents is provided in the form of family allowances. For those taking student loans, a special grant is provided for each child (459000 ISK per year). There is no limit depending on the number of children. There is no age limit applied.

Academic year
Type of support

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Minimum, maximum, and most common annual fee amounts (in EUR)

Cycle
Type of Students
Status of Students

FEES

A registration fee for 75.000 icelandic krónur is charged to all students. This is also the most common fee charged.
International students pay in addition a special application fee (around 8000 kr.), hence are charged higher fees.
The maximum for subsidised places in clinical psychology is 1188000 krónur (home students) and 2248000 krónur (international students).
There are a few non-state subsisidised programs with higher fees. The maximum for MBA at Reykjavík University, which is not subsidised is 12500000 krónur.
Fee reduction is applied to students with disabilities.

Annual grant amounts (in EUR)

Cycle
Type of Students
Status of Students
Type of Grants

DIRECT FINANCIAL SUPPORT - GRANTS

Grants are not offered.

Annual loan amounts (in EUR)

DIRECT FINANCIAL SUPPORT - LOANS

Loans are provided subject to the following criteria:

- Icelandic citizenship
- Citizens or family members from EEA or EFTA member country, with permanent residence and employed or self-employed in Iceland. It is required that the person works a minimum of 40 hours per month while studying.
- Foreign citizens married to or in a registered partnership with an Icelandic citizen for about two years and has with legal residence in Iceland for at least two out of the last five years before studies begin.
- Refugees
- Persons with permanent residence permit

Further readings

National education systems - Iceland, Eurydice

Fees and support administration

Organisation of the Academic Year in Higher Education