Private Nonprofit university in Reykjavík, Iceland, founded 1998

Reykjavík University Admission News and Updates

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.

Verified 15 Sep 2026 Sources Official site

Next deadline

31 Jan 2027

Autumn 2027, Bachelor, regular, 125 days left

Tuition

ISK 897,000 to ISK 1,292,000

per semester

English test

IELTS 6.5

TOEFL 91, waiver possible

Acceptance rate

Not published

Application fee

ISK 16,000

Change log

15 Sep 2026Toefl Min: none to 91
15 Sep 2026Ielts Min: none to 6.5
15 Sep 2026Application Fee Currency: none to ISK
15 Sep 2026Application Fee Amount: none to 16000
15 Sep 2026Tuition Currency: none to ISK
15 Sep 2026Tuition Intl Max: none to 1292000
15 Sep 2026Tuition Intl Min: none to 897000
15 Sep 2026Admissions Url: none to https://www.ru.is/en/namid/um-namid/saekja-um
15 Sep 2026Student Count: 3800 to none
15 Sep 2026Type: other to private_nonprofit

Sources, checked 15 September 2026