Founded in 1918, Háskólinn á Bifröst (Bifröst University) is a non-profit private higher education institution located in the rural setting of the village of Borgarnes (population range of under 2,500 inhabitants), Western Region. Officially accredited and/or recognized by the Mennta- og menningarmálaráðuneytið (Ministry of Education, Science and Culture, Iceland), Háskólinn á Bifröst (Bifröst) is a very small (uniRank enrollment range: 500-999 students) coeducational higher education institution. Háskólinn á Bifröst (Bifröst) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees in several areas of study. See the uniRank degree levels and areas of study matrix below for further details. This 101 years old higher-education institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 30-40% making this Icelandic higher education organization a very selective institution. International students are welcome to apply for enrollment.