Education in the Faroe Islands School. Many Faroese pursue higher education out of the islands, mainly in Denmark; in August 2015 a report showed 1,345 Faroese students in Denmark, 904 in the Faroe Islands and 182 in other countries. Studni, the Faroese Student Grant Fund, provides student grants and loans to Faroese students, to study either in the Faroe Islands or abroad. Higher education is offered by the, Tórshavn based, University of the Faroe Islands (). It was founded in 1965, as Academia Færoensis, by members of the Faroese Academy of Sciences. The university is divided in two faculties: the Faculty of Humanities, Social Sciences
Culture of the Faroe Islands Eystanstevna is always held in Runavík, but the boat race is only held there every second year (even years), odd years the regatta is held in Fuglafjørður at the Varmakelda Festival (Varmakeldustevna). Swimming is a quite popular sport in the Faroe Islands. The Faroese freestyle swimmer Pál Joensen is the sportsperson of the Faroe Islands with the best international result for the country, a bronze medal at the 2012 FINA World Swimming Championships. In July 2011 he qualified for the finals in the men's 800 meters and 1500 meters freestyle at the 2011 World Aquatics Championships in Shanghai. He placed