Bifröst University
Bifröst University
About the School
Iceland's only public university focused on business, law, and social sciences, originally founded as the College of Cooperatives in 1918. In 2024, it became tuition-free, charging only an annual registration fee. In autumn 2026, enrollment reached 1,896 students, marking the second consecutive year of record-breaking growth. The university hosts a Jean Monnet Chair in European Studies, participates in the EU Erasmus+ program and the PRME Principles for Responsible Management Education, and has been a key member of OpenEU, a pan-European online university network, since 9 2026.
Popular Majors
Application Information
Language requirements
Icelandic B2.2 (Business/Social Sciences, Bachelor's) / C1.2 (Law) / TOEFL iBT 94 with each section ≥20 (English track); English track requires only Icelandic A1.2.
Tuition Reference
Tuition / Registration fees: 100,000 ISK/year; Spring admission only: 75,000 ISK; Non-EEA processing fee: 135 EUR
Application deadline
Undergraduate/Master's Fall: 6/5; English University Pathway: 6/23; Payment confirmation deadline: 7/4, with a late fee of 15% if submitted by 8/5.
Scholarship
No international student scholarships available; Icelandic residents may apply for student loans; working students can receive partial tuition reimbursement through the unions' starfsmenntasjóðir.
Accommodation Details
The Hvanneyri campus of the online university is no longer used as student housing. For in-person intensive courses, students must arrange their own accommodation; the university can assist with booking partner hotels.