Fee Structure The head of the Academic Committee in conjunction with the Director of Finance and Corporate Planning recommends fee structure to the Executive Management Committee for approval each academic year. The Institute reserves the right to make changes in both fees and the procedures for payment without prior notice. All fees, as per contact, are payable before registration. Fees may be paid by cash or Manager’s Cheque at any Branch of the NationalCommercial Bank or at the CMI’s cashiers using a debit or credit card only. A minimum limit applies: Credit - $1,000.00; Debit $800.00. Such fees must be paid with vouchers issued by Caribbean Maritime Institute. Upon payment students should present the yellow copy of the voucher to the Finance department. The bank only accepts payment of fees as stated on the voucher. N.B: Vouchers are printed upon request. Fees The fee component includes the following factors: Cost of Registration (Non-refundable) Cost of Personal Accident Insurance (Not Medical Insurance) Auxiliary Fees (Non-refundable) Cost of Medical Health Insurance Note: Boarding Fees are paid by resident students only In addition, some programmes may have other prescribed fees for laboratory materials or special projects. Payment Options Loans are available to all eligible students under the Government of Jamaica/Students' Loan Scheme (Students Loan Bureau). An installment plan is available for those who are in need of such an arrangement. Fee payment plans varies for different programmes, please see the Accounts Department for fee appropriation. Note the following conditions: Interest (at a rate determined by the Institute) will be charged Failure to complete payment may result in suspension from classes and/or exclusion from examinations. Payment must be completed by specified dates agreed to for year-round students Returned cheques attracts an additional charge of $500.00 along with applicable bank charges Application forms are available at the Bursar’s Office. All fees must be paid before registration unless there is prior arrangement with the Bursar’s Office. Fee Refund Policy Only students who have formally withdrawn from the Institute will be considered to have terminated his/her contract with the Institution. A participant may cancel his/her enrolment contract at no penalty by notifying the Institute before the start of the course/programme, except that CMI will retain the registration fee. Changes in registration and programmes may also be accommodated without charge within the first two weeks of the semester (unless the change requires additional tuition fees). A student who formally withdraws from a programme on Leave of Absence or who wishes to discontinue a programme receives a refund of tuition and examination fees according to the following schedule: GROUP Date of Submission of Request to Office of the Registrar % of Fees Refundable (less charges incurred) A. Full-time & Part-time) 0-1 weeks from commencement of classes Administrative charges only taken by Institute 1-3 weeks from commencement of classes 90% of Tuition & Exam 3-5 weeks from commencement of classes 60% of Tuition & Exam Beyond 5 weeks No refund A student who is expelled or suspended will not be entitled to any refund of fee. Application for withdrawal form may be obtained from the Admissions Department. N.B: Boarding fees are non-refundable. Opening Hours for the Accounts Department: Mondays, Tuesdays and Thursdays - 8:30 – 7:30pm Wednesdays and Fridays - 8:30 – 3:30