Fee Structure Overview
The tuition fees at College of Engineering Mumbai are competitive and transparent, reflecting the high-quality education provided. The total fee structure is broken down into semesters to ease financial planning for students.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| First Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Second Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Third Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Fourth Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Fifth Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Sixth Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Seventh Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
| Eighth Semester | 120000 | 40000 | 15000 | 5000 | 10000 | 190000 |
Hostel and Mess Charges
The hostel facilities at COEM are designed to provide a comfortable living environment for students. The charges include accommodation, utilities, security, and maintenance.
- Hostel Fee: INR 40,000 per semester (includes room rent, electricity, internet, and other amenities)
- Mess Fee: INR 15,000 per semester (covers three meals daily, including breakfast, lunch, and dinner)
Students can opt for different types of rooms based on their preferences and budget:
- Single Room: INR 15,000/month
- Double Room: INR 20,000/month
- Triple Room: INR 25,000/month
- Four-Bedded Room: INR 30,000/month
Return on Investment (ROI) Analysis
The ROI for engineering students at COEM is significant when considering the average placement package and career growth opportunities:
- Total Cost of Education (8 Semesters): INR 15,20,000
- Average Placement Package: INR 8,00,000
- ROI: 1.5x
This ROI indicates a strong return on investment, especially considering that graduates often secure positions in top companies with high salaries and career advancement potential.
Payment Methods
COEM offers multiple payment options for students:
- Online Payment via Net Banking
- Credit/Debit Card Payments
- UPI Transfer
- BANK TRANSFER
The college also provides installment plans to help students manage their fees effectively.
Financial Aid and Scholarships
To ensure accessibility, COEM provides financial assistance through various scholarships and aid programs:
- Institute-Level Scholarships: MCM Scholarship, Merit-Based Scholarships
- Alumni and Donor Scholarships: Various foundations supporting deserving students
- Government Schemes: Merit-cum-Means Scholarships, SC/ST Category Scholarships
Student Support Services
The college ensures that financial constraints do not hinder academic progress:
- Financial Counseling Sessions
- Loan Assistance Programs
- Work-Study Opportunities
- Emergency Financial Aid
These services help students manage their finances while pursuing quality education.
Fee Refund Policy
In case of withdrawal or transfer, COEM follows a structured refund policy:
- Full Refund: Within 7 days of admission
- Partial Refund: Based on semester completion
- Refund Process: Requires documentation and approval from administration
This ensures transparency and fairness in financial transactions.