Fees & Expenses - B. Tech. Marine Engineering

Fees & Estimated Expenses for the first year of batch commencing August/September 2022 were as follows:

	SEM I	SEM II	1st YEAR
Fees			(Sem I & II)
Admission & Orientation Fee	22,000	NIL	22,000
Tuition Fee	90,000	90,000	180,000
Welding	NIL	10,000	10,000
Campus & Establishment Fee	114,000	114,000	228,000
Total fees	226,000	214,000	440,000
Student Services Expenses
Books	5,000	NIL	5,000
Laundry	2,350	2,350	4,700
Messing	27,000	27,000	54,000
Medical Insurance Premium	1,500	NIL	1,500
Stationery	6,000	NIL	6,000
Uniform	22,000	NIL	22,000
Total of Student Services Expenses	63,850	29,350	93,200
Total Fees & Student Service Expenses	2,89,850	2,43,350	5,33,200
DGS Cess @ 1% of total fees & expenses	2,899	2,434	5,332
Caution Deposit (Interest free and Refundable)	20,000	NIL	20,000
Total Payable to TMI	3,12,749	2,45,784	5,58,532
Payable to Indian Maritime University (IMU)	35,000	NIL	35,000
Total Amount (TMI plus IMU)	347,749	245,784	593,532

Note:

a. The fees and student services expenses for the four year programme are approximately Rs.21.17 lakhs and are subject to changes.

b. Female students are entitled to a waiver of 50% in Tuition fee for each semester.

c. Student Services Expenses are charged on actuals.

d. IMU Fee is payable to Indian Maritime University.

e. Caution Deposit is payable on admission. The interest free caution deposit is refundable after the end of programme.

f. Statutory taxes / levies, if any imposed, will be charged on actuals.

g. Monies due for each semester is payable at the beginning of semester before due dates.

h. Late fee @ 18% p.a. is applicable for monies received after due date.

i. Value added courses undertaken by the students will attract additional fees.

j. Separate charges would be levied at actual costs incurred by the Institute in respect of excursions, visits, medical expenses (to the extent not covered under insurance).

k. Fees, Estimated Expenses and Caution Deposit are payable in either of the modes mentioned below -

- Online through our website www.tmi.tolani.edu

- Demand Draft in favour of 'Tolani Maritime Institute' at any of the HDFC Bank branches

Medical Insurance

TMI has facilitated an insurance policy at an annual cost of Rs. 1,500 per student. This policy covers the following*:

1. Accidental death of student - Rs.5,00,000/-

2. Hospitalisation expenses for student - Rs.1,00,000/- per year

3. Accidental death of bread winning parent to cover fees of the student for remaining period of the course.

* - Conditions apply

Other Charges

Charges for medical expenses, educational excursion trips etc. will be charged as per actuals. Personal discretionary expenditure is the responsibility of each student. An advance for all estimated expenses during the semester shall be payable before the commencement of each semester.

Girl Students

TMI is committed to encouraging girl's participation in the maritime industry and therefore is very supportive of inducting girls into its programmes. To this end, girl students receive a reduction of 50% of Tuition fees per semester.

Payment of Fees

All fees are required to be paid at the beginning of each semester. Management may take necessary action if fee payment is delayed.

Financial Assistance