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Grants and funding

During exchange studies, tuition fees at the host institution are waived, but students pay the annual registration fee at the University of Iceland. If applying for exchange studies through the Nordplus and Erasmus+ programs, students automatically apply for the respective programs’ travel and sustenance grants. 

Grants for exchange studies outside Europe are promoted by the International Division regularly and upon availability, e.g. Watanabe scholarship to study in Japan, Val Bjornsson at the University of Minnesota, etc. 

Exchange studies also qualify for loans from the Icelandic Student Loan Fund, for further information see www.menntasjodur.is/english