Complete uncetainty is with grants for the University of Iceland. Kristín Ingólfsdóttir, headmaster of UI, says on the website student.is, that in the finance bill were plans to increase grants for the university substantially, but it is unknown if it will be a reality. It should be clear in the next few weeks.
Kristín also says it is clear that funds in the University have lost money, but how much is unknown at this time. The largest fund is the Eimskips fund which has sponsored Ph.D. students. Kristín says that they are doing all they can to keep to the commitments they have given, but they also hope they can open for new grants.
The University of Iceland has decided to open for applications for spring semester. Kristín says that the school wants to what it can to respond to the economic crisis and help people that have lost their jobs to start to educate themselves. The divisions that can accept more students without additional expenses will do so.
(News article by *Kristinn*)
Original Article in Icelandic