Formal graduation ceremonies are held in end of May or beginning of June each year. At their graduation, students receive a graduate certificate, two copies of their course history (in Icelandic and English with ranking) and a Diploma Supplement. The"Diploma Supplement is issued in a widely spoken European language (English), given automatically and free of charge to every student upon graduation". The Diploma Supplement is a description of the studies students have completed and it also contains a short description of the Icelandic higher education system and its structure. Students generally submit the Diploma Supplement when applying for admission to universities abroad.
Click her to view an example of Diploma supplement