Financial Information
Payment
Payment, or proof of payment is expected the first day of
each class, for independent course and the AB to Mate program,
should a student decide to pay for the program by course.
We accept credit cards, money orders, cashiers check, and
personal checks. Cash is accepted if it is exact only.
Student
Loan
 Prime Rate news
February 6, 2008 Update
Loan interest rates now at 6.5%, down from 7.75%!
 SLM Financial Corporation is a wholly owned subsidiary of SLM Corporation, a Fortune 500 company also commonly known as Sallie Mae, Inc. SLM Financial was founded in 1998 to serve new education and financial markets by offering private credit loans to consumers. The company provides education financing for kindergarten through high school, professional and technical training, part time education and distance learning. In addition, SLM Financial provides consumer loans in most states.
As of March 2006, PMI is now able to provide a student loan option for our students with SLM Financial, a Sallie Mae Company. To read more about this loan program please go to the SLM Financial website at www.slmfinancial.com.
Available downloads for this program are: (click on each link to
open) Begin with the
Introduction for basic information regarding credit ratings
and percentage rates.
SLM Brochure
Co-Borrowers Checklist
Fact
Sheet
OpenNet
Instructions
To apply for this student loan please download the Instructions for
OpenNet, an online based application process,
here
and begin. We suggest using the
E-Signature option for this process as it is
much faster with less paperwork.
Please read these instructions carefully.
For questions you may call the school's
Registrar.
.
Veteran's Benefits/G.I. Bill
PMI is an approved training provider for veteran’s benefits, available to veterans and their dependents. Please call our Registrar for more information on the specific programs covered under the GI Bill. For a complete description of the educational benefits available to veteran’s and their dependants you can visit the Veteran’s Administration website at www.va.gov or call (888) 442-4551.
Please note: Our Mate 500/1600 Tons Program is not covered,
in its entirety, under the G.I. BILL. The academic phases
are covered, although the sea phases are not. For more
information call the Administrative Manager.
Payment Plan - Mate 500/1600 ton Program
The PMI offers a payment plan for our Mate Program only. Please see our
Mate Program
section for more detailed information. For all other courses and training programs, payment for each individual course is due before the start of each course.
Tuition/Costs
*Required Courses for
Select Programs
ate Towing
| Program |
Course |
Cost |
| Individual Courses |
| Automatic Radar Plotting Aids* |
$950 |
| Bridge Resource Management |
$855 |
| Basic Safety Training* |
$875 |
| BRMP-EMR - Bridge Resource
Management for Pilots |
$3,935 |
| Security Officer, Port Company & Ship |
$810 |
| Electronic Chart Display and Information Systems |
$1,230 |
| Global Maritime Distress & Safety Systems |
$1,895 |
| MAXIMO |
$475 |
| Medical Care Provider |
$1,180 |
| Medical Person-In-Charge |
$2,140 |
| Radar Observer Unlimited |
$895 |
| Shiphandling - Advanced |
$5,900 |
| Shiphandling - Basic |
$2,950 |
| Emergency Shiphandling 3-day |
$2,310 |
| Emergency Shiphandling 5-day |
$3,360 |
| Simulation Assessment |
$900 |
| Tankerman Person-In-Charge |
$1,020 |
| Entry Level |
Able Bodied Seaman (AB) |
$550 |
| Advanced Firefighting (FF ADV) |
$875 |
| *Basic Safety Training (BST) |
$875 |
| Rating Forming Part of a Navigational Watch
(RFPNW) |
$350 |
| Survival Craft / Lifeboatman
(LFBT) |
$600 |
| AB to Mate |
*Automatic Radar Plotting Aids
(ARPA) |
$950 |
| *Cargo Handling & Stowage - Basic
(CHS BAS) |
$900 |
| *Meteorology-Basic (WX BAS) |
$900 |
| Shiphandling - Assessments (SHS
ASSESS) |
900 |
| *Shiphandling - Basic (SHS BAS) |
$2,950 |
| *Celestial Navigation (CNAV) |
$1,800 |
| *Electronic Navigation (ENAV) |
$1,100 |
| *Emergency Procedures (EP) |
$600 |
| *Flashing Light (FL) |
$150 |
| *Firefighting - Advanced |
$895 |
| Global Maritime Distress & Safety System
(GMDSS) |
$1,895 |
| *Medical Care Provider (MED PRO) |
$1,180 |
| Medical Person-in-Charge (MED
PIC)
NOTE: Prerequisite: MED PRO |
$960 |
| *Radar Observer Unlimited (ROP) |
$895 |
| *Search and Rescue (SAR) |
$400 |
| *Ship Construction and Basic Stability
(STB BAS) |
$900 |
| Tankerman Person in Charge
(TPIC) |
$1,020 |
| *Terrestrial and Coastal Navigation with Compasses
(TCNAV/CO) |
$2,700 |
| *Watchkeeping & BRM (WKP BAS) |
$2,800 |
| Mate to Master |
*Cargo Operations - Advanced
(CHS ADV) |
$1,800 |
| *Meteorology - Advanced (WX ADV) |
$900 |
| *Voyage Planning and Electronic Navigation
(VPEN) |
$1,100 |
| *Electronic Chart Display and Information Systems
(ECDIS) |
$1,230 |
| *Shiphandling - Advanced (SHS
ADV) |
$5,900 |
| *Stability - Advanced (STB BAS) |
$1,100 |
| *Watchkeeping - Advanced (WKP
ADV) |
$900 |
| *Marine Propulsion Plants (MPP) |
$900 |
| *Ship Management Part I & II
(SHPMGT) |
$1,800 |
| Mate 500/1600 Tons |
Complete Program |
$27,000 |
|
