The rectors of the state-run universities, the University of Iceland and the University of Akureyri, have asked for permission to raise their tuition fees from 45,000 ISK to 65,000 ISK, a 45 percent raise.
Photo: Páll Stefánsson/Iceland Review
Kristín Ingólfsdóttir, rector of the University of Iceland, said to Morgunbladid that the administration has been cutting down in all fields but students have been spared from any increases until now. Tuition fees have not been raised for seven years.
The hike could result in ISK 200 – 300 million in revenue for the University of Iceland alone.