Ingjaldssjóður Fund is now open for applications for the 2025-2026 academic year. Students at the University of Iceland who are currently pursuing postgraduate degrees abroad (master’s or doctoral degrees) in business with an emphasis on international business or operations management are eligible to apply. The fund also supports students pursuing postgraduate degrees (master’s or doctoral) in music. Only applications that align with the fund's objectives will be considered.
Application deadline: 9 February 2026.
The purpose of the Ingjaldssjóður Fund comes from directions in Ingjaldur Hannibalsson’s will. The fund’s goal is to support promising students at the University of Iceland in pursuing their postgraduate degrees abroad in operations management, international business, or music.
The maximum amount awarded can be 3,000,000 ISK.
The grant application must include the following:
- Name of applicant, kennitala, address, phone number and valid email address.
- Postgraduate studies and a brief description of the degree programme and specialisation applied for, which could be used for general discussion and presentation, should the application be successful
- A detailed description of the degree (1 page, A4), including information on the university as well as proof of admittance and progress of study.
- A timetable and budget for the programme of study, together with information on any other financial support applied for in connection with the studies.
- An outline of the student’s academic and professional experience, including proof of the student’s academic performance in their first degree. Music students should also submit recordings of their acting/singing performances or a copy of their musical compositions.
- A concise report (1 page, A4), according to the student, on how the application aligns with the goal of Ingjaldssjóður Fund.
- Grantees must submit a written report on the status of their studies within one year of receiving the grant.
The maximum application length is three pages. All applications will be treated as confidential.
The Board reserves the right to award grants to more than one applicant, to reject all applications, and/or to allocate grants in a different manner.
Applications, marked Ingjaldssjóður, should be submitted as attachments to the email address of the Grant Funds of the University of Iceland: sjodir@hi.is.
Grant awards are expected to be announced in March 2026.
Further information on grant applications and awards can be found on the University of Iceland's grant fund website. Further information is also available from Helga Brá Árnadóttir, Project Manager of the Grant Funds of the University of Iceland (helgab@hi.is), and Runólfur S. Steinþórsson, Professor and Chair of the Fund’s Board (rsmari@hi.is).
About the Fund
Ingjaldssjóður Fund was established in memory of Ingjaldur Hannibalsson (b. November 17 1951, d. October 27 2014), professor in the School of Business at UI. Ingjaldur left all his possessions to the university.