GMAT Exam Fees 2024: Cancellation and Rescheduling PDF Download

If you are embarking on a management journey and have intentions of taking the GMAT exam, it is crucial to have a comprehensive understanding of the exam, and one key aspect to consider is the GMAT exam fees, as well as the policies regarding cancellations and rescheduling. The GMAT exam is a crucial step in the path towards pursuing a management degree and therefore, requires careful planning. However, unforeseen circumstances can arise, and you may have to cancel or reschedule your exam. In this article, we will provide you with an overview of the GMAT exam fees for 2023, as well as the cancellation and rescheduling policies. So, keep reading to be informed and better prepared for any eventuality.

Registering for the GMAT Exam

You have the flexibility to register for the GMAT exam year-round, enabling you to choose an exam date that suits your convenience. To help you with the registration process, we have provided a comprehensive step-by-step guide on how to register for the GMAT test.

• Create an account on the official GMAT website, mba.com.
• Fill in your basic information such as name, email address, etc.
• Click on the "exams" button on the top left corner of the page to start the registration process.
• Enter all your personal information such as your phone number, address, country of residence, etc.
• Fill in optional information such as details of academic grades, work experience, etc. You can choose to skip this step if you wish.
• Verify your profile, and your request for registration will be sent to the account processing team of GMAC.
• Select a date and schedule your exam by choosing up to three test centers at your preferred location, or take the online GMAT exam if test centers are unavailable due to the COVID-19 pandemic.
• Pay the registration fee to complete the registration process.

GMAT Fee: Details

The GMAT fee is an essential aspect to consider when planning to take the exam. The cost of the exam varies based on the location and currency of the test center. The GMAT fee is $250 in most locations worldwide, but it can differ in some countries. It's important to note that these fees are subject to change and can fluctuate depending on the location of the test center. To ensure you have accurate and up-to-date information on GMAT fees, visit the official GMAT website and select your preferred test center location.

GMAT fee for the USA

GMAT fee for the UK

Rescheduling the GMAT Exam

If you are unable to appear for the GMAT exam on your scheduled date, you can reschedule the exam by following a simple process. To reschedule, log in to your GMAT account and select the "Reschedule" option. You will need to select a new exam date, time, and location that is available and convenient for you. However, note that rescheduling comes with a fee, and the amount depends on when you make the changes.

Rescheduling fee for the USA

Rescheduling fee for the UK

Cancelling the GMAT exam

If you need to cancel your GMAT exam for any reason, you can do so by logging in to your GMAT account and selecting the "Cancel" option. The amount you receive as a refund will depend on when you cancel the exam.

Cancellation fee for the USA

Cancellation fee for the UK

Important: Please note that changes or cancellations to your appointment cannot be made within 24 hours of the scheduled appointment time. If you fail to reschedule or cancel your exam at least 24 hours before the scheduled appointment time, the full exam fee will be lost.

GMAT fee: Modes of Payment

Here are some important points to keep in mind when making a payment for the GMAT exam or any associated products/services using a credit or debit card:

• GMAT accepts VISA, Mastercard, American Express, and Discover Network Cards for payment.
• For exams taken at a test center, the charges on your credit card statement will most likely appear as "VUEGRAD MGMT TEST," while charges for online exams may appear as "DRIEXAMITY LLC."
• If your credit or debit card is declined, your appointment will be automatically cancelled, and you will need to schedule another test appointment with a valid payment method.
• Using a stolen or fraudulent credit or debit card will result in the cancellation of your registration, possible cancellation of previous GMAT scores, and potential notification to law enforcement authorities and schools by the Graduate Management Admission Council.
• Challenging or disputing a fee with your credit card company without a valid reason may lead to being blocked from taking further exams or requesting additional score reports.

GMAT Fee Waivers

The GMAT Fee Waiver program helps schools like yours offset the cost of the GMAT exam for potential test-takers. Since institutions have the necessary resources and outreach tools, GMAC allows you to distribute the waivers.
To request the exam fee waivers, you may fill out the form and provide the following details:

• The number of fee waivers you require (up to 10).
• A description of your process for determining the eligibility of candidates for awarding GMAT fee waivers.

Please note that only a Director or a similar position can make the request for fee waivers. Additionally, the waivers are only available to programs that accept GMAT scores. Once your request has been processed, we will send you the fee waiver codes through a secure email. The test-takers can then use these codes to register for their GMAT appointment online at mba.com. Each code covers the full GMAT fee and must be used before the expiration date given.

Visit Exam payment to learn more about GMAT fee payments for your location.

Preparing for GMAT using EduRev Infinity

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Frequently Asked Questions (FAQs) about GMAT Fee

How much does it cost to take the GMAT?

The GMAT exam fee varies by location, but as of 2023, the standard fee is $250 USD.

Can I get a refund if I cancel my GMAT appointment?

Yes, you may receive a partial refund if you cancel your GMAT appointment at least 7 days before your scheduled test date. If you cancel less than 7 days in advance, you will not receive a refund.

Can I reschedule my GMAT appointment and avoid paying a fee?

You may reschedule your GMAT appointment up to 24 hours before your scheduled test time for a fee of $50 USD. If you reschedule within 24 hours of your test, you will need to pay the full test fee again.

Are there any additional fees associated with taking the GMAT?

In some cases, additional fees may apply, such as fees for sending scores to schools or requesting additional score reports. These fees vary by location.

How can I pay for the GMAT exam?

You may pay for the GMAT exam using a credit or debit card, or with an electronic check. Some locations may offer additional payment options, such as money orders or wire transfers.

Can I get a discount on the GMAT exam fee?

Some test-takers may be eligible for fee reductions, such as active-duty military personnel or veterans. Additionally, some schools or programs may offer fee discounts or waivers to their students.