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Scholarships and grants

Scholarships and grants

Presidential List

Students who achieve outstanding academic results each semester may qualify for the Presidential List, which includes a waiver of tuition fees for the following semester.

  • Students must complete at least 30 ECTS credits in a semester. Specific rules apply to students in Applied Engineering and Applied Civil Engineering; details can be found on the department's webpage.
  • Only results from first-time exams in each course count toward the average grade; retake exams are excluded.

Undergraduate Scholarships

New Student Scholarship
  • Awarded to incoming undergraduate students with exceptional academic performance in secondary school.
  • Covers tuition fees for the first semester.
  • Recipients are selected by an internal committee at RU, and no application is required.
Natural Science Award
  • Granted to one student per secondary school who achieves the best results in natural sciences on their matriculation exams.
  • Covers tuition fees for the first semester.
Athletic Scholarships
  • Up to three scholarships are awarded to elite athletes pursuing a BSc in Sport Science.
  • Covers tuition fees for up to six semesters.
Student Innovation Fund
  • Provides funding for students to work on ambitious research projects during the summer.
  • Grants are awarded to university professors, research institutions, companies, or individuals with expertise in specific fields.

Graduate Scholarships

Presidential Grant
  • Offers partial tuition waivers, reducing fees to undergraduate tuition levels for master’s students who maintain strong academic performance and full-time enrollment.
Sport Science Scholarships
  • Offered in collaboration with sports federations and clubs, such as the Icelandic Football Association (KSÍ) and others.
  • Includes funded master’s positions with opportunities for applied research and consulting.
  • Please contact hjaltio@ru.is or hafrunkr@ru.is for further information.
Alan Turing Scholarship (Computer Science)
  • Covers all tuition fees for the duration of the master’s program for students with strong academic performance and full-time enrollment.
Engineering Scholarships
  • Students applying for master’s programs in the School of Engineering may qualify for full or partial tuition waivers based on academic excellence in their undergraduate studies.
Business & Economics Scholarships
  • Awarded to top-performing students in master’s programs within the Department of Business.
Law Scholarships
  • Awarded to the best-performing students in the master’s program in the Department of Law.
  • LOGOS Law Firm Award: A special award for the student with the highest combined grades in BA and ML studies.
Námssjóður Sameinaðra verktaka
  • Provides tuition scholarships for students in engineering, applied engineering, and computer science.
  • Scholarships are intended for students completing their first degree (BSc) and pursuing further studies (MSc or PhD) at RU or other universities.
  • Applications are assessed based on academic performance, initiative, and involvement in activities for RU.

Specialized Scholarships

Siminn Social Fund for Women and Non-Binary Students
  • Awards scholarships to five women or non-binary students starting studies in technology fields.
  • Covers tuition fees for the first academic year as part of a five-year initiative to increase diversity in tech.
  • Selection criteria include academic performance, extracurricular activities, and volunteer work.
  • Application deadline: June 30th.
Landsbanki Incentive Scholarship
  • Two scholarships for students with a mother tongue other than Icelandic, aiming to equalize access to education at RU.
  • Covers tuition fees for the first year of undergraduate studies.
  • Selection is based on academic performance, diversity, and extracurricular involvement.
  • Application deadline: June 30th.

Samfélagssjóður Símans styrkir konur og kvár til náms í tæknigreinum

Application Guidelines

  • Applications should be submitted via email to skrifstofa-rektors@ru.is, with the scholarship name in the subject line.
  • Required documents typically include:
    • A cover letter (maximum 500 words).
    • A recommendation letter from a teacher or counselor.
    • A transcript of academic records.

For more details, visit RU's website or contact skrifstofa-rektors@ru.is.

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