Can the GMAT Exam Fee be Refunded?



The Graduate Management Admission Test (GMAT) is a standardized exam used by business schools to assess the aptitude of applicants for advanced study in business and management. The exam fee for the GMAT is a significant investment for test takers, and it is important to understand the refund policy in case one decides not to take the exam.



The refund policy for the GMAT exam varies depending on the circumstances and timing of the cancellation. Generally, the exam fee is non-refundable, but there are a few exceptions when a refund may be possible.



1. Test Center Closure: If the test center closes on the scheduled test day due to unforeseen circumstances such as inclement weather or natural disasters, test takers may be eligible for a refund or a free reschedule. It is important to contact the GMAT customer service to inquire about the specific refund policies in case of test center closure.

2. Medical Emergency: In the event of a medical emergency that prevents a test taker from attending the exam, a refund or a free reschedule may be possible. However, proper documentation such as a medical certificate or a letter from a physician may be required to support the request.

3. Military Duty: Test takers who are called for active military duty may be eligible for a refund or a free reschedule. Proof of military service or deployment orders may be required to qualify for the refund.



If a test taker does not show up for the scheduled exam appointment, the exam fee is forfeited, and no refund or reschedule is allowed. It is essential to cancel or reschedule the exam at least seven days before the scheduled test date to avoid losing the exam fee.



In most cases, the GMAT exam fee is non-refundable. However, there are exceptions for test center closures, medical emergencies, and military duty. It is important for test takers to familiarize themselves with the specific refund policies and provide proper documentation to support their request for a refund or reschedule. It is also crucial to adhere to the cancellation and rescheduling policies to avoid losing the exam fee in case of a no-show.