Cheapest Universities in Iceland with Tuition Fees

Iceland is a European country with its capital in Reykjavik. The country is known for its hot springs, volcanoes, and lava, thus it taps into geothermal energy for its power sources. The cost of living is relatively high when compared to the USA, with a developed economy thriving in Agriculture, finance, biotechnology, and manufacturing. Her healthcare and education sector is also well developed.

1. Iceland University of the Arts

Year of establishment – 1998
Location – Reykjavik
Average Tuition Fees – $150
Website – https://www ihi.is
Is a private cheapest university in Iceland, formerly known as the Reykjavik Arts school and Iceland drama school before it was merged, it specializes in performing arts and related Fields with programs in theatre, drama, music, dancing, and design.

2. University of Iceland

Year of establishment – 1911
Location – Reykjavik
Average Tuition Fees – $580
Website – https://english.hi.is
This is one of the oldest and largest government-established universities, formerly known as Servants school but gained university status in 1911. It is ranked second best in Iceland, with 5 faculties which are education, engineering, natural science, social and Humanities, and Health sciences.

3. Agricultural University of Iceland

Year of establishment – 2005
Location – Reykjavik
Average Tuition Fees – $580
Website – https://www.study.iceland.is
Government-owned and one of the cheapest universities with affiliation to the NOVA network, it specializes in new fields in addition to known programs, this includes agriculture, Forest science, landscape architecture, environmental science, and equine science.

4. University of Akureyri

Year of establishment – 1987
Location – Akureyri
Average Tuition Fees – $580
Website – https://www.unak.is
Is a government-owned university, cheap? In addition to normal full-time programs, is one of the best known for special programs like distance learning opportunities which it partners with several universities across Iceland for proximity to new students.

5. Holar University College

Year of establishment – 1106
Location – Akureyri
Average Tuition Fees – $600
Website – https://www.holar.is
This is one of the oldest government-owned universities, formerly known as a cathedral institution and subsequently an agricultural college until 2007.