IB school fee

All IB students pay the regular MH school fee (MH registration fee) and IB school fee in addition every semester (except the last one, then only the MH school fee is paid).  Fees are non-refundable.

The MH school fee (MH registration fee) is 12000 ISK per semester (+ optional NFMH fee 5000 ISK and + 500 ISK Parent Association for MH) (an invoice is sent out before each semester starts). The fee is broken into two components: Registration (6000 ISK) and Material&copying (6000 ISK).

Starting in 2024, the IB school fee is 130.000 ISK and has to be fully paid in November of year 2, before the registration for the IB DP examinations.

The IB school fee is divided into few payments, depending on number of semesters:


1) Students taking six semesters (Pre-IB+IB DP): The IB school fee is 26.000 ISK/semester (first five semesters). It means in total:

Semester 1 - 5: 38.000 ISK/semester.  Semester 6: 12.000 ISK.


2) Students taking five semesters (half Pre-IB+IB DP): The IB school fee is 32.500 ISK/semester (first four semesters). It means in total:

Semester 1 - 4: 44.500 ISK/semester. Semester 5: 12000 ISK.


3) Students taking four semesters (IB DP only): The IB school fee divided into three payments: 50.000 ISK the first semester, then 40.000 ISK the second and third semester. It means in total:

Semester 1: 62.000 ISK/semester.  Semester 2 and 3: 52.000 ISK.  Semester 4: 12.000 ISK.

IB school fee invoices are sent out in September/February.


Retake candidates:

Registration fee for May 2023 (if registered before November 1st): 

Session registration (MH arrangement fee): 6000 ISK (12.000 ISK for candidates from other IB schools).

Subject registration: 12.000 ISK for each subject. 9000 ISK for EE.

This means:

One subject: 18.000 ISK, two subjects: 30.000 ISK, three subjects: 42.000 ISK etc.

More information for retake candidates is found here.

Last updated: 22.03.2024