Tolani Maritime Institute offers a comprehensive range of scholarships based on merit, financial need, and student rank in semester exams. The college provides scholarships to the top 40 students per semester, with amounts ranging from INR 10,000 to INR 40,000. Female students receive a 50% tuition fee waiver. Scholarships are also available for students from financially weaker backgrounds, such as the Vasant J. Seth scholarship. The total fees for the courses vary: B.Tech Marine Engineering costs around INR 24.79 lakhs for 4 years, B.Sc Nautical Science is approximately INR 20 lakhs for 3 years, and Diploma in Nautical Science (DNS) is about INR 7 lakhs.
The fees cover tuition, hostel, mess, and other associated costs, and are payable in installments each semester. The institute collaborates with banks like HDFC and AXIS to facilitate educational loans, with some banks offering loans up to INR 7.5 lakhs without collateral.
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