Scholarships in Iceland offer a strong mix of academic excellence, research support, and global exposure, making the country an attractive destination for ambitious students and scholars. These opportunities are primarily designed for high-performing undergraduate and graduate students, as well as researchers and academic professionals who demonstrate strong academic results, innovation potential, or specialized talent such as in sports or technical fields.

These commonly provide generous benefits such as full or partial tuition fee coverage, monthly stipends, travel support, and dedicated funding for research projects or innovation initiatives.

1.  Erasmus+ Programme (Iceland Partner Institutions)

The Erasmus Mundus Joint Master Degrees offer a unique and prestigious opportunity for ambitious students worldwide to pursue internationally integrated master’s programmes delivered by a consortium of leading universities across multiple countries. The program is designed for high-achieving graduates seeking a global academic experience, to pursue study, research, and practical training in diverse cultural and academic settings.

The award offers outstanding applicants, fully funded scholarships covering participation costs and provides additional financial support for travel, visas, and living expenses. This comprehensive funding enables scholars to fully immerse themselves in a rich, multi-country learning journey while gaining advanced knowledge, international exposure, and valuable professional experience.

Covers:

• Tuition fee waiver
• Monthly stipend
• Travel allowance

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2.  University of Iceland Research Fund

The funding opportunities at University of Iceland provide valuable support for graduate students, doctoral candidates, and academic staff engaged in advanced research and scholarly work. The university manages a wide range of scholarship funds and grants, designed to promote innovation and research across diverse fields of study.

These funding schemes primarily support research activities, enabling scholars to develop impactful projects, deepen their expertise, and contribute to academic and scientific advancement within a dynamic and well-supported learning environment.

Covers:

• Research expenses

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3.  Reykjavik University Scholarships

The scholarship opportunities at Reykjavík University are designed to recognize excellence and support talented national and international students at both undergraduate and graduate levels across a wide range of disciplines. These disciplines include engineering, business, law, computer science, and sport science, empowering students to excel in their academic and career journeys.

The scholarships reward high-achieving students, innovators, and dedicated athletes by offering tuition fee waivers, partial fee reductions, and funding for research and innovation projects, enabling students to focus on their studies and professional development.

Covers:

• Tuition fee support

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