Reykjavík University has operated since 4 September 1998, when it began as the Reykjavík School of Business. For 2026-2027, undergraduate tuition is ISK 328,000 per semester for EU/EEA citizens and ISK 897,000 per semester for citizens of other countries, because the university receives no government funding for non-EEA students. Non-EU/EEA applicants start only in the autumn semester, apply by 31 January, pay a processing fee of ISK 16,000 and need IELTS Academic 6.5 or TOEFL iBT 91.
| Intake | Round | Applicants | Opens | Closes | Status | Fee | Source |
|---|---|---|---|---|---|---|---|
| Autumn 2027 | Regular | International | 5 Oct 2026 | 31 Jan 2027 | Upcoming | ISK 16,000 | 15 Sep 2026 |
Non-EU/EEA applicants, autumn semester only. The university publishes these as recurring annual dates (opens 5 October, closes 31 January). | |||||||