Tuition fees are decided in advance, per academic year. The undergraduate programs commence in August/September.There is one undergraduate program, Business Administration, taught in English at Bifröst University.

Tuition fees 2009 - 2010 - the amount per 1 ECTS credit in Icelandic Kronas and € for EU/EEA students and Non-EU/EEA students. A Bachelor degree is 180 ECTS (European Credit Transfer System).