Fees & Expenses - B. Tech. Marine Engineering

Fees & Estimated Expenses for the first year of batch commencing October 2021 are as follows:

	SEM I	SEM II	1st YEAR
Fees			(Sem I & II)
Admission & Orientation Fee	21,000	NIL	21,000
Tuition Fee	89,000	89,000	178,000
Welding	NIL	9,500	9,500
Campus & Establishment Fee	114,000	114,000	228,000
Total	224,000	212,500	436,500
Less: Covid Relief	12,500	NIL	12,500
Total fees	211,500	212,500	424,000
DGS Cess @ 1% of total fees	2,115	2,125	4,240
Student Services Expenses
Books	5,000	NIL	5,000
Laundry	1,950	1,950	3,900
Messing	24,000	24,000	48,000
Medical Insurance Premium	6,000	NIL	6,000
Stationery	6,000	NIL	6,000
Uniform	20,000	NIL	20,000
Total of Student Services Expenses	62,950	25,950	88,900
DGS Cess @ 1% of Student Services	630	260	890

IMU fee	35,000	NIL	35,000
Caution Deposit (Interest free and Refundable)	20,000	NIL	20,000

Total Payable	332,195	240,835	573,030

For Student enrolling in the first year of Academic Year 2021-22, the estimated fees and Student Services for the four year programme will be approx. Rs. 19,91,548/-.

Special Note Applicable to Students enrolling for Academic Year 2021-2022:
In view of the ongoing COVID pandemic, a " COVID relief " is being granted to all students. This has been reflected in the Fee Structure.

Note:

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

b. Fees and Student Services Expenses are indicative and are subject to change.

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.

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 with Future Generali at a one time cost of Rs. 6,000 per student for four years of study on campus. 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 the bread winning parent to cover the fees of the student for the 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