Waterfall in Iceland surrounded by snow

Scholarship Exchange in Iceland

  1. Program Details

    This scholarship exchange offers two students per year the chance to study in the Icelandic capital city of Reykjavik. Iceland's historically rich culture, well-preserved language, and many geological features give the island its incredible character.

    Location Reykjavik, Iceland
    Term Academic Year
    Housing Dormitory
    Credit Type Resident Credit
    Sponsor Learning Abroad Center

    Program Eligibility

    GPA 3.0
    Student Type UofM Students
    Student Year Juniors, Seniors
    Language No Language Prerequisite
  2. About Scholarship Exchange in Iceland

    This program provides two students per year near-full scholarships to spend an academic year at the University of Iceland. 

    The Iceland Past Participant Final Report is an excellent resource for learning more about this scholarship exchange. Updated version from the 2018/19 participants.

    The Scholarship Exchange Program in Iceland is funded by the Val Björnson Icelandic Exchange Scholarship.

    Housing & Meals

    Housing is usually arranged in a university dormitory, generally in single rooms with shared kitchen and bath. Homestays and apartments can also be arranged independently.

    Scholarship support from the Val Björnson Icelandic Exchange Scholarship helps cover some of the cost of housing. Whether you decide to live in a dormitory, a homestay, or an apartment, you'll receive a housing stipend to assist with housing costs.  The monthly stipend will be roughly ISK55,000 (approximately $555) per student per month. 


    The University of Iceland in located in the capital city of Reykjavik and provides access to all the city has to offer. Past Scholarship Exchange students have traveled throughout Iceland and Europe during their year abroad.

    Learning Outcomes

    • Develop a stronger sense of confidence by engaging in a highly independent study abroad program and foster second language acquisition whenever possible
    • Learn to appreciate diverse worldviews, accept complexity, and embrace ambiguity; added benefit of reciprocity to foster mutual respect and understanding
    • Experience a new culturally specific academic system and incorporate different academic perspectives
    • Identify and communicate how your experience abroad has impacted you personally, academically, and professionally

    Faculty & Staff

    Instruction is in English and Icelandic by Icelandic faculty at the University of Iceland.

    About the Learning Abroad Center

    Learning Abroad Center programs are:

    • Affordable: our programs are cost effective.
    • Academically strong: many programs have strong University of Minnesota departmental support and offer pre-approved courses for many majors.
    • Culturally rich: regardless of the program you choose, you will have the opportunity to immerse yourself in the local culture.
    • Expertly managed: our staff in Minnesota and abroad are trained professionals and are always available to answer your questions from extensive pre-departure advising and online orientations to reentry programming. Your safety and well-being are paramount, and we work hard to ensure you have a rewarding and safe experience abroad.
  3. Program Structure

    Program Type Host University Study
    Program Level Various levels

    Maintain a minimum enrollment of 13 credits per semester or maintain the minimum credit enrollment determined by your study abroad program, whichever is greater. 13 credits for fall or spring semester or 26–30 credits for the academic year.


    Grade & Credit Conversion Scale

    You receive resident credit for the courses you take. Your grades factor into your University of Minnesota GPA and each course appears on your transcript with an A/F grade. Consult the Learning Abroad Center's Academic Policies page for more information. (NOTE: Students who participated in this exchange prior to Fall 2016 received University of Minnesota transfer credit). 

    Course options include the offerings of the university. Visit the University of Iceland's website for full course listings.

    For more tips on difference in terminology and finding course information, read Finding Course Information for Host Universities.

    The University of Iceland's website also has extensive information for International Exchange Students

    Global Identity

    Global Identity: Connecting Your International Experience with Your Future is an optional 1-credit online course that helps you process your international experience and apply what you've learned upon your return.  Global Identity gives you the opportunity to work individually with a trained cultural mentor, helping you articulate your newly acquired skills and differentiating you from your peers.

    This course is offered at no additional cost on programs six weeks or longer. The Learning Abroad Center will email out registration instructions, or you may contact a program team member.

    Syllabus for Global Identity (PDF)

  4. Dates & Deadlines

    Submit the online application and complete the assigned application checklist according to the appropriate deadline:
    Term Program Dates Application Deadline
    Academic Year 2020/21 Late August - Early May (exact dates TBD) Feb 1, 2020

    Program start date may vary depending on academic focus, as different academic departments begin classes on different dates.  Exact dates will be given to student(s) upon admission. 

    *Program dates are subject to change. Contact the LAC for verification of dates before purchasing your airfare.
    **If the deadline falls on a weekend, submit your materials on the following business day.

    Orientation Dates & Locations

    Orientation will be conducted in 2 parts: an online orientation, which is mandatory for all students, and an in-person, program-specific session. You will receive more information about the online orientation via email. Failure to complete the online orientation will impact your ability to go abroad.

    See below for tentative dates and times for your in-person session. You will be notified of the official date and time via email. Participants will receive applicable orientation materials via email approximately 1 week prior to the in-person session.

    Term Abroad Date/Time Location
    Academic Year 2020/21 Determined with exchangee(s) Determined with exchangee(s)
  5. Fees for Scholarship Exchange in Iceland

    Academic Year 2020/21

    Spring 2021

    Exchange costs may vary from year to year and are subject to change.

    Students participating on scholarship exchange are charged a program fee which is inclusive of University of Minnesota fees, University of Minnesota Advising, Placement, Academic and Administrative Costs (APAAC), international health insurance and additional program related costs. The APAAC covers application processing, advising services, orientation course registration, grade transfer and posting for resident credit as well as program billing and assistance with financial aid when applicable.

    Billing & Payments

    Visit Billing for information about the billing process for application fees, deposits, and program fees.

    Financial Aid & Scholarships

    Visit Financial Information for information on using financial aid and scholarships for study abroad.

    Bridging Loan

    Bridging Loan, a no-interest/no-fees loan that funds the upfront deposit and flights costs, is available for this program for eligible students.

    Cancellation Policy

    Before you apply to or confirm your participation on this program, review the Learning Abroad Center's Cancellation Policy to inform yourself of the timeline and financial obligations for canceling.
  6. Prepare

    Complete pre-application advising.

    Be aware: All programs require a $50 application fee. This fee will be charged to your student account upon submission of an online application.

    To complete the online application for this program, you will need to select or provide the following information on the online application:

    Center Name TC Learning Abroad Ctr
    Education Abroad Term See Program Dates for term options
    Program Name Scholarship Exchange in Iceland
    Track Name University of Iceland
    Country Iceland


    University of Minnesota Student—apply

    Use your University of Minnesota internet ID and password to log into the Education Abroad application system. Your student account will be charged a $50 application fee.


      Once you submit your application, you will receive an email notification confirming that your application was received. Submitted applications are assigned an application checklist, which will include the following items:

      • Application Essay
      • 2 Academic Recommendations
      • 1-page résumé
      • Terms of Agreement

      Application Review Process

      Your completed application will be reviewed by a Learning Abroad Center selection committee. Finalists may be invited for an interview with the committee. Applicants are advised to have a second-choice program in mind. 

      After the interviews, one student will be nominated for the exchange and then will be required to complete the University of Iceland's application. The final acceptance decision will be made by the University of Iceland. More information about this process will be sent to the nominated student.

      If nominated, you will also be assigned a confirmation checklist, which you will complete to confirm your participation in the program.

      If at any point you decide not to continue with the application process, log into the Education Abroad application system and submit a cancellation request.

    • Program Contact

      For further information or questions about this program, send an email to

      Cathy Huber or call at 612.624.9016.