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Fees & Expenses - B. S. Marine Engineering

Set out below are details of the fee structure for the 4 year B. S. Marine Engineering programme at TMI commencing Aug. 2014. Fees for the session commencing August 2015 will be promulgated by January 2015.

Particulars  (All amounts are in Rs.) 
  1st year 2nd year 3rd year 4th year
FEES  Sem. 1 & 2  Sem. 3 & 4  Sem. 5 & 6   
Admission  15,000 - - -
Orientation 7,000 - - -
Tuition  71,200 71,200 71,200 71,200
Practical Training  52,000 52,000 52,000 26,000
Welding   -  - 19,000 11,000
Exam & Evaluation 18,000 18,000 18,000 29,000
Hostel  134,000 134,000 134,000 69,200
Students Welfare 14,000 14,000 14,000 7,000
Total fees 311,200  289,200 308,200 213,400
DGS Cess @ 1% of total fees 3,112 2,892  3,082 2,134
ESTIMATED EXPENSES        
Books 5,000 5,000 5,000 5,000
Stationery 5,000 - - -
Uniform  16,000 3,000 3,000 3,000
Laundry 3,200 3,200 3,200 1,600
Messing  33,600 33,600 33,600 16,800
Medical 5,000 - - -
Total Expenses  67,800 44,800 44,800 26,400
DGS Cess @1% on Services 678 448 448 264
YEAR TOTAL 382,790 337,340 356,530 242,198
 Total estimated fee and expenses   Rs.1,318,858

Note:

  • Caution Deposit (Refundable) of Rs.10,000/- is payable on admission.
  • Tuition fee is inclusive of BITS Affiliation fee (25% of the tuition fee).
  • Tuition fee is subject to change as may be prescribed by BITS, Pilani.
  • Fees and estimated expenses are indicative and are subject to change.
  • Female students will be entitled to a waiver of Rs.10,000/- in the fees for each semester.
  • Estimated expenses are charged on actuals.
  • Statutory taxes / levies, if any imposed, will be charged on actuals.
  • Amounts due for each semester will be intimated and payable at the beginning of the semester as detailed in the website.
  • Late fee will be charged for payments after due date.
  • Fees, Estimated Expenses and Caution Deposit are payable by DD in favour of "TOLANI MARITIME INSTITUTE" payable at Pune.
  • Value added courses undertaken by the students will attract additional fees.
  • 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).

Medical Insurance

TMI has facilitated an insurance policy with Bharti Axa General Insurance Co. Ltd. at a one time cost of Rs. 5,000 per student for all years of study on campus. This policy covers the following*:

1. Accidental death of student                                         - Rs.7,50,000/-

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

3. Accidental death of bread winning parent as follows:
 
   
Year of Student Sum Insured for one parent
1st year Rs.12,00,000/-
2nd year Rs.9,00,000/-
3rd year Rs.6,00,000/-
4th year Rs.3,00,000/-

 

 

 

* - Conditions apply

 

Other Charges

Charges for telephone calls, 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 Rs. 10,000 in 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

TMI degree programmes are approved by AXIS Bank, HDFC Bank, Corporation Bank, State Bank of India and Credila (an HDFC Ltd. Company). However, candidates can approach any bank for financial assistance.