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Reykjavik University Scholarships

Partial to full tuition waivers, plus possible living cost support for selected students.

Aug 14, 2026 18 Scholarships
Reykjavik University scholarships

Opportunity details

Reykjavik University Scholarships are an important way to fund your studies in Iceland without taking on excessive debt. This guide covers the main scholarship options, eligibility rules, application steps, and practical tips to help you prepare a strong submission. Whether you are an international student or an Icelandic resident, you will find useful details about reducing tuition costs and making your application stand out.

Why Apply for Reykjavik University Scholarships

Studying in Reykjavik can be expensive, especially for international students who are not used to the local cost of living. Scholarships help ease this financial pressure and allow you to focus on your academic goals.

  • Tuition fees are often the biggest expense, and scholarships can cover a large share of them.
  • A scholarship also adds recognition to your academic profile, which can help when you apply for jobs or further studies.
  • Many scholarships include a sense of community, networking events, and mentorship opportunities.
  • Applying for a scholarship forces you to reflect on your achievements and future plans, which is useful in itself.

The university and external funders offer several types of scholarships. Some are automatic, while others require a separate application.

Types of Reykjavik University Scholarships

Reykjavik University provides different funding paths depending on your background, study level, and financial situation. The most common categories are listed below.

  • Merit-based scholarships for students with excellent academic results or outstanding professional achievements.
  • International student scholarships aimed at non-Icelandic students who show strong potential and cross-cultural motivation.
  • Need-based grants for students who can prove financial difficulty and need support to complete their degree.
  • Department-specific scholarships awarded by individual faculties, such as engineering, business, or computer science.
  • External scholarships funded by companies, foundations, or government programs that partner with Reykjavik University.

Each scholarship has its own rules. Some are renewable every year if you maintain a certain grade point average, while others are one-time awards.

Eligibility Criteria for Most Scholarships

You do not need to meet every type of funding requirement at once. However, typical conditions apply across many Reykjavik University scholarships.

  • You must be admitted or be in the process of applying to a degree program at Reykjavik University.
  • Your academic record should be above average, especially for merit-based awards.
  • You may need to prove financial need through bank statements or tax records.
  • Some scholarships require you to be a citizen of a specific country or region.
  • You must usually be enrolled full-time for the semester in which the scholarship is granted.
  • For continuing students, a minimum number of completed credits may be required.

Always read the exact eligibility section for each scholarship you consider. A small detail, such as your field of study or year of study, can decide whether you qualify.

How to Apply for Reykjavik University Scholarships

The application process varies by scholarship, but there is a common pattern you can follow. Do not leave everything to the last week before the deadline.

  1. Check your program’s admission requirements first. Many scholarships are only available after you have been offered admission.
  2. Collect your documents early. This usually includes transcripts, a CV, a motivation letter, and proof of language proficiency.
  3. Write a tailored personal statement. Explain why you chose Reykjavik University, how your background fits the scholarship, and how you will contribute to the campus community.
  4. Ask for recommendation letters. Choose teachers or employers who know your abilities and can give specific examples.
  5. Submit the scholarship application separately. If the scholarship is not automatic, do not assume that your admission application covers it.
  6. Follow up after submission. You can email the scholarship office to confirm that your file is complete.

Some scholarships, especially those from external companies, may require an interview or an extra essay. Prepare for those steps as part of your overall application plan.

Tips for a Strong Scholarship Application

Applicants often ask what makes one student more successful than another. The answer lies in preparation and personal focus.

  • Start working on your application at least two months before the deadline.
  • Research the scholarship’s goals. If it is funded by an energy company, mention your interest in sustainable development.
  • Use specific numbers and examples. Instead of saying “I have work experience,” say “I completed a six-month internship where I led a team of three people.”
  • Show that you know Reykjavik University well. Mention a particular course, professor, or project you find exciting.
  • Proofread your application aloud. Small grammar mistakes can distract the selection committee.
  • Do not copy one personal statement for every scholarship. Tailor each one to the values and requirements of that fund.

“A strong scholarship application tells a clear story about who you are, what you want to achieve, and why Reykjavik University is the right place for that next step.”

Comparison of Common Reykjavik University Scholarships

The table below gives a general overview of the typical scholarship types you may encounter. Always verify the exact details on the official university website, as specific values and conditions can change.

Scholarship Type Typical Award Eligibility Focus Application Effort
Merit-based University Scholarship Partial or full tuition waiver High GPA, strong academic record Automatic or short form
International Student Scholarship Partial tuition reduction Non-Icelandic students, motivation Separate essay required
Need-based Grant Stipend or tuition coverage Documented financial need Financial documents and statement
Departmental Scholarship Varies by faculty Specific study field, sometimes a project Application through department
External Company Fund Full tuition plus possible stipend Alignment with company’s focus Interview, essays, references

This table is a starting point, not a complete list. You should also look into national funding options for Icelandic permanent residents, as they may have different benefits.

Additional Funding Options You Should Know

Scholarships are not the only way to finance your education at Reykjavik University. Combining several funding sources is a smart strategy.

  • Part-time jobs on campus or in the city can cover living costs while you study.
  • Student loans from your home country may be available for study abroad programs.
  • Some employers offer tuition reimbursement if you study while working.
  • Exchange programs with your home university sometimes include financial aid that applies to your time in Reykjavik.

Many students combine a partial scholarship with a part-time job and a personal savings plan. That approach reduces the need for large loans and keeps your monthly budget more manageable.

How to Keep a Scholarship Once You Receive It

Earning a Reykjavik University scholarship is an achievement, but you must meet certain conditions to keep it active. The rules are usually stated clearly in your award letter.

  • Maintain the required grade point average. If the minimum is 6.0 on the Icelandic scale, treat that as your floor, not your goal.
  • Complete the required number of credits per semester. Falling behind can trigger a loss of funding.
  • Notify the scholarship office if you change your program or take a leave of absence.
  • Respect the university’s academic integrity policy. Plagiarism or exam misconduct can cancel your award.
  • Attend events or submit progress reports if the donor asks for them.

“Receiving a scholarship is a responsibility. Use the time you save from financial worry to focus on your studies and on being a helpful member of the university community.”

Final Thoughts Before Applying

Reykjavik University Scholarships are not only about reducing costs. They are also a sign that the university and its partners believe in your potential. You should apply even if you are not sure whether you will win, because the process itself helps you present your case to academic programs and future employers.

Take the time to understand each scholarship’s purpose, prepare your documents with care, and ask for help when the instructions are unclear. The extra effort you put into your application increases your chances of receiving meaningful financial support.

Frequently Asked Questions

1. Can international students apply for Reykjavik University Scholarships?

Yes. International students are eligible for many scholarships, especially those designed for non-Icelandic applicants. Some funds are limited to specific nationalities, so check the fine print before applying.

2. Do I need to be admitted to a program before applying for a scholarship?

In most cases, yes. Scholarship selection usually happens after you have received an offer of admission. Some automatic scholarships are evaluated based on your admission application alone, while others require a separate submission.

3. What documents do I need for a scholarship application?

Common documents include academic transcripts, a curriculum vitae, a motivation letter, a copy of your passport, proof of English proficiency, and recommendation letters. The exact list is always provided in the scholarship description.

4. Are Reykjavik University Scholarships renewable?

Some scholarships are renewable for the normal duration of your degree if you keep meeting the academic requirements. Others are one-time awards. Your award letter will state whether the scholarship is renewable and what conditions apply.

5. Can I work part-time while receiving a scholarship?

Yes, but you must balance work with your academic responsibilities. Iceland allows students to work a certain number of hours per week, and your scholarship may have a credit completion requirement that should not be neglected.

6. Do scholarships cover the full cost of living in Reykjavik?

Most scholarships only cover tuition or a portion of it. A few external funds include a living allowance, but you should plan to have other sources of income or savings to cover housing, food, and transportation.

7. What is the best way to write a motivation letter?

Focus on three things: why you want to study your subject, why Reykjavik University is a good fit, and how the scholarship would help you achieve your goals. Use real examples from your past experience and avoid generic statements.

8. Are there scholarships for master’s degree students?

Yes. Several scholarships at Reykjavik University are open to graduate students. Some are tied to specific research areas or departments, so search the university website and speak with your academic advisor for current options.

9. What happens if my scholarship application is rejected?

You can contact the scholarship office for feedback if they offer it. More importantly, you can look for other funding sources, such as external foundations, grants from your home country, or employer sponsorships, and try again in the next cycle.

10. When should I start preparing my scholarship application?

Start at least three months before the admission deadline. That gives you enough time to improve your language test score, gather recommendation letters, write a careful personal statement, and review all the eligibility requirements.