IB fees

All IB students pay the regular MH Fee each semester. In addition, students enrolled in the IB programme pay an IB Examination Fee and an IB Materials Fee. All fees are non-refundable.

MH Fee
The MH Fee is currently 15,000 ISK per semester (+ an optional NFMH fee of 5,000 ISK and an optional Parent Association fee of 500 ISK). Invoices are issued before the start of each semester. The fee consists of:

  • Registration: 6,000 ISK
  • Materials and copying: 9,000 ISK

IB Examination Fee
The IB Examination Fee is currently 100,000 ISK.
This fee covers registration and administration of the IB Diploma Programme examinations and must be paid in full before students are registered for their final IB examinations in November of their final year.
The fee is paid in installments throughout a student's time in the programme. The installment amount depends on when the student enters the programme.
Please note that this fee is subject to change due to adjustments in fees charged by the IB and fluctuations in exchange rates.

IB Materials Fee
The IB Materials Fee is currently 60,000 ISK.
This fee covers access to resources used throughout the programme, including:
• ManageBac (Learning Management System)
• Kognity (Digital textbook provider)
• Access to past IB examination materials
• Other online subscription services and academic resources supporting the IB programme
Please note that this fee is subject to change due to changes in subscription costs and exchange rates.

Students Entering the Pre-IB in Fall 2026 or Later
Students entering the programme from Fall 2026 onwards will begin paying the IB Materials Fee when they enter IB1.
The Materials Fee will be divided into three equal installments:
• IB1 Semester 1: 20,000 ISK
• IB1 Semester 2: 20,000 ISK
• IB2 Semester 1: 20,000 ISK
Total Materials Fee: 60,000 ISK

Students Who Entered the IB DP in Fall 2026 or earlier
Students who entered the IB DP in Fall 2026 or earlier continue under the fee structure that was in effect at the time of enrolment.
Under this structure, contributions toward the IB Materials Fee began during Pre-IB, resulting in different installment amounts. However, the total Materials Fee remains 60,000 ISK, in addition to the 100,000 ISK IB Examination Fee.

Examples:
Students taking six semesters (Full Pre-IB + IB DP)

  • Semesters 1-5: 26,000 ISK per semester
  • Semester 3 and 5: 15,000 ISK for Kognity per semester
  • Semester 6: No IB Fee
  • Total IB Fees: 160,000 ISK

Students taking five semesters (Half Pre-IB + IB DP)

  • Semesters 1-4: 32,500 ISK per semester
  • Semester 3 and 5: 15,000 ISK for Kognity per semester
  • Semester 5: No IB Fee
  • Total IB Fees: 160,000 ISK

Students taking four semesters (IB DP only)

  • Semester 1: 50,000 ISK + 15,000 ISK for Kognity
  • Semester 2: 40,000 ISK
  • Semester 3: 40,000 ISK + 15,000 ISK for Kognity
  • Semester 4: No IB Fee
  • Total IB Fees: 160,000 ISK

Please note that all fees are subject to change due to changes in subscription costs, adjustments in fees charged by the IB and fluctuations in exchange rates. 

 

Last updated: 25.09.2026