Scholarships - B.Tech. Marine Engineering
Tolani Maritime Institute
To attract the very best talent and promote sustained achievement, TMI awards generous merit based scholarships.
For each Marine Engineering on-campus semester, about 17.5% of the top ranking students from each class are awarded scholarships amounting to an aggregate of approx. Rs. 46 Lac per year.
The highest scholarship of Rs. 40,000/- per semester is named "Dr. C. P. Srivastava Scholarship".
| Rank | Number of Scholarships | Amount |
| 1 | 1 | Rs. 40,000 |
| 2 / 3 | 2 | Rs. 35,000 each |
| 4 / 5 | 2 | Rs. 30,000 each |
| 6 - 9 | 4 | Rs. 25,000 each |
| 10 - 15 | 6 | Rs. 20,000 each |
| 16 - 23 | 8 | Rs. 15,000 each |
| 24 - 35 | 12 | Rs. 10,000 each |
TEF Need Cum Merit based Scholarships
The Tolani Education Foundation has instituted 48 need-cum-merit based scholarships from semester commencing August 2007. The objective is to provide financial support to the identified students undergoing UG programmes at TMI Induri. The Scholarship amount of Rs. 15,000/- per semester once awarded shall continue till the end of the third year of the programme provided the performance of the candidate is as per laid down standards.
Mrs. Papu Tolani Scholarship - Merit-cum-Need (Marine Engineering)
Mrs. Papu Tolani, wife of Dr. N. P. Tolani has kindly instituted one scholarship of Rs. 10,000/- per semester, for the Marine Engineering programme.
This is a merit-cum-need based scholarship. Once the scholarship is offered, it will be continued for the entire programme to the one student selected from each batch of new entrants, provided the student's performance and/or conduct has been satisfactory.
The "Mrs. Papu Tolani Scholarship" is given only for the semesters spent on campus and not for the period spent on internship.
The Vasant J. Sheth Memorial Foundation Scholarships
Vasant J Sheth Memorial Foundation offers three scholarships. Each scholarship is of Rs.30,000/- per semester thus totalling Rs.2,40,000/- for four years. This is a merit-cum-need based scholarship. Once the scholarship is offered, it will be continued for the entire programme to the one student selected from each batch of new entrants, provided the student's performance and/or conduct has been satisfactory. The awardee should maintain a consistent CGPA of at least 7. The titles to these four scholarships are:
Vasant J Sheth Memorial Scholarship (two)
Vasant Sheth/Cyrus Guzder Scholarship (One)
Menghraj Karna Merit-cum-Need based Scholarship for Girls
Menghraj Karna need-cum-merit based scholarship for girls has been instituted from semester commencing August 2008. The objective is to provide financial support to the identified girl students undergoing UG programmes at TMI Induri. The scholarship amount is Rs. 10,000/- per semester as per the bye laws of the scholarship.
Maritime Training Trust Financial Assistance for Girls
The Maritime Training Trust provides financial assistance of Rs. 100000/- per year to every woman seafarer undergoing pre-sea training at DG Shipping approved Maritime Training Institutes.