Bifröst University

Bifrst University was founded in Reykjavk in 1918 on the model of Ruskin College, Oxford, under the name Samvinnusklinn or the Cooperative College. Its role then, as now, was to educate leaders for business and society. The school was moved to Bifrst in Borgarfjrur in 1955. Bifrst has been accredited by Icelands Ministry of Education as a university since 1988. Originally a business school, Bifrst began to offer degrees in law in 2002, in social science in 2005, and is planning further expansion. Reflecting these changes, its name was changed to Bifrst University in 2006. Bifrst is a private, self-governing, non-profit institution which receives around 40% of its income from the Icelandic state, 40% from tuition fees and 20% from other sources. The Bifrst campus is 110 km from the centre of Reykjavk, roughly 90 minutes driving distance from the capital