GMAT Exam Fees 2025: Cancellation & Rescheduling Fees, Waiver, Payment Modes

GMAT Fees in UK

Here’s a breakdown of the GMAT fees structure in the UK:

GMAT Fees in European Countries

Here’s a breakdown of the GMAT fees structure in European countries:

GMAT Fees in Non-European Countries

The GMAT exam registration fee in top non-European study destinations is given below:

It is important to note that fees may be subject to change, and it is advisable to check the official GMAT website for the latest information.

Is There Any GMAT Fee Waiver?

If you're facing financial difficulties and can't afford the GMAT exam fee, you may be eligible for a fee waiver. However, the Graduate Management Admission Council (GMAC) does not provide fee waivers directly to test-takers. Here's how the process works:

• GMAT-accepting institutions can obtain fee waivers to help eligible candidates.
• If you need a fee waiver, reach out to the schools you're interested in applying to.
• A director or similar authority at the school will request fee waivers with a specific form. In this form, they will indicate how many waivers they need.
• Each institution can apply for up to 10 waivers within a 12-month period.
• Schools must explain their criteria for determining who qualifies for a GMAT fees waiver in their application.
• Schools can use these waivers for their own programs as well.
• After approval, schools receive an email with waiver codes. Eligible test-takers can use these codes when registering for the GMAT exam on mba.com.
• Each fee waiver code has an expiration date. Make sure to use it before it expires.

Remember, you need to communicate with your target schools early in your application process. They can guide you through their specific requirements and procedures.

GMAT Cancellation Fee in India

Understanding the GMAT cancellation fee can help test-takers who may need to change their GMAT taking plans. The refund you get after paying the GMAT cancellation fee varies depending on how far in advance you cancel your GMAT exam.

More than 60 days before the appointment

• Online test: USD 120 refund
• Test center test: USD 110 refund

15-60 days before the appointment

• Online test: USD 90 refund
• Test center test: USD 80 refund

14 days or less before the appointment

• Online test: USD 60 refund
• Test center test: USD 55 refund

GMAT Rescheduling Fee in India

For those who need to change their test date, understanding the GMAT reschedule fee is essential. The GMAT reschedule fee, like the cancellation fee, depends on how close you are to your original test date when making the change.

More than 60 days before the appointment

• Online test: USD 60
• Test center test: USD 55

15-60 days before the appointment

• Online test: USD 120
• Test center test: USD 110

14 days or less before the appointment

• Online test: USD 180
• Test center test: USD 165

GMAT Fee Waiver for Registration Process

When you register for the GMAT exam on MBA.com, you can use a fee waiver code to reduce your registration fee. This can be particularly helpful for candidates concerned about the GMAT fees in India. To get this code, you need to contact the schools you want to apply to. These schools can request fee waivers from GMAT officials using a special form. The schools get an email with waiver codes. They will then share these codes with you, which you can use during the exam registration process.

Understanding the GMAT fees in India and the availability of fee waivers can significantly impact your GMAT preparation strategy.

How to apply for a GMAT Exam fee waiver?

If you cannot afford the GMAT registration fee, you may be eligible for a fee waiver.

As a test-taker:

1. Contact the school(s) you are interested in applying to.
2. Wait for the school(s) to provide you with a GMAT fees waiver code.
3. Use that code when registering for the GMAT on mba.com.

As a school helping students get fee waivers:

1. Fill out the required form with all necessary information.
2. Specify how many fee waivers you need (maximum 10 per 12-month period).
3. Explain your criteria for determining who is eligible for a GMAT fee waiver.

Points to Remember Before Paying GMAT Fees

Before you pay your GMAT fees:

1. Make sure you're sure about taking the exam on the selected date.
2. Double-check your availability to avoid last-minute changes.
3. Remember that cancellations come with a cost. The refund amount decreases the closer you get to the exam date.
4. If you need to change your exam date, consider rescheduling:
   • Rescheduling fees vary based on how early you make the change.
   • The earlier you reschedule, the lower the fee.

5. Rescheduling fees:

Within 14 days of the exam:

• Online test: USD 180
• Test center test: USD 165

More than 60 days before the exam:

• Online test: USD 60
• Test center test: USD 55

By keeping these points in mind, you can make informed decisions about your GMAT registration and avoid unnecessary expenses.

Note: GMAT test-takers have the flexibility to cancel or reschedule their exam up to 24 hours prior to their scheduled test time.

What are the Payment Modes for GMAT Fees?

There are several ways to pay for your GMAT exam fees. Here's what you need to know:

Available payment options:

• Credit cards
• Debit cards
• Cashier's checks
• Money orders
• Personal checks

Card payments (Credit or Debit cards):

• Accepted cards: VISA, Mastercard, American Express, and Discover Network.
• Your statement will likely show "VUE*GRAD MGMT TEST" for the charge.
• If your card is declined, your appointment will be canceled automatically.

Note: Any wrongful means like using a stolen or fraudulent card can lead to serious consequences, including ban from future exams and score report requests.

GMAT fees in India: Special note if you’re paying with a debit card:

• Some Indian banks restrict internet use of debit cards. This happens if the merchant does not use Verified by Visa or MasterCard Secure Code.
• Contact your bank for help.

Check and money order payments:

• Make them payable to "Pearson VUE-GMAT".
• Use US dollars for the payment.
• Send them at least 10 days before your exam date.