There are two main sources of funds for the University of Iceland: one is state funding, and the other is lottery income. In 2004, the state allocated about 8.365438 million Canadian dollars+500,000 pounds. The lottery proceeds are all used for school building construction. In addition, the research funds of various research institutes come from different channels: state grants, national science funds, university science funds, companies and international organizations. In 2005, the total funding of the Institute of Natural Sciences was US$ 7.5 million (US$ 70,000 per capita), of which the state allocated 4144.4 million Icelandic krona (equivalent to US$ 6.6 million). Except for individual disciplines (dentistry, business administration, etc.). ), the University of Iceland does not charge tuition fees, and only needs to pay a registration fee of $500 per semester, but the rest of the fees (teaching materials, accommodation, etc. ) are self-care, without any funding. The government can provide low-interest loans to help students study according to their academic performance. All subjects except foreign language majors are taught in Icelandic. Foreign students who want to study at the University of Iceland and get any degree must study Icelandic for more than two years and pass the exam before they can enter formal professional study (short-term learners do not need to learn Icelandic). Foreigners must fill in the application form for admission before the end of February every year and send it to the International Department of the University of Iceland. The admission notice will be issued in early June, and the class will start in early September. At present, most majors in the University of Iceland offer master's and doctoral courses. Some disciplines, such as natural science and industrial engineering, need to complete some courses abroad before they can be awarded doctoral degrees. At present, except for some majors in the Department of Art and the Department of Geology, other disciplines are only awarded bachelor's and master's degrees or equivalent, but the school encourages mature disciplines to offer doctoral programs.