Iceland is tough for students on a tight budget. Youth hostels and "sleeping-bag accommodation" at guesthouses and farms can be lifesavers. 

For visitors ages 12 to 26, the “Youth Restricted Fare” on Air Iceland offers big savings if you’re willing to fly standby and take your chances on availability. Multi-trip bus passports from Sterna also have student discounts. The International Student Travel Confederation (ISTC) website offers the International Student Identity Card (ISIC) and lists companies, attractions, and places to stay in Iceland that offer student discounts. The card, which also provides students with basic health and life insurance and a 24-hour helpline, is valid for up to 18 months. You can apply for the card online or in person at STA Travel (tel. 800/781-4040 in North America). If you’re no longer a student but still under 26, STA’s International Youth Travel Card (IYTC) entitles you to some discounts. Travel CUTS (tel. 800/592-2887) offers similar services for both Canadians and U.S. residents. 

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Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.