The institution does not provide any loans or scholarships, as is typical for merchant navy institutes. However, government loans are available for backward classes, with applicable fee rebates. Private banks may offer educational loans for this professional course, and students can pursue such loans independently with college documentation. The college's fee structure is approximately 435,000 INR, with annual payments of 145,000 INR. There is a reported scholarship opportunity for the top 50 entrance exam rank holders, with an average scholarship of 50,000 INR, reducing the total fee to 300,000 INR.
The college is affiliated with the University of Mumbai, but there's no information on scholarships from the university itself. Some students report that the college assists with educational loans and provides fee structure documents for bank loans. The college is noted for its good fees in relation to its standing among maritime training institutes in India.
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