GMAT Exam Fees: Costs, Payment Options, and Key Details [2025]

The GMAT (Graduate Management Admission Test) is non-negotiable for those preparing for graduate business schools. To prepare for the GMAT, you need to do more than just study hard. You also need to carefully plan your finances. Knowing the different costs can help you escape unpleasant surprises. This blog will cover the GMAT exam fees, the different ways you can pay for it, and some money-saving tips. You’ll learn everything you need to know about the GMAT exam to confidently plan your GMAT journey.

Overview of the GMAT Exam

The GMAT is an internationally accepted test for MBA and graduate management program admissions. It assesses analytical, writing, quantitative, and verbal skills, and is used globally by admissions panels as a standard measure for scoring and assessing. The GMAT exam fee in India is ₹23,812* for the offline center and ₹25,977* for the online exam. The examination lasts roughly 3.5 hours and provides flexibility in timing and format, enabling applicants to demonstrate their competencies efficiently. 

It’s crucial to familiarize yourself with the GMAT syllabus before paying the fees and starting your preparation to ensure effective planning and success.

GMAT Exam Fee in India

In India, the GMAT exam fees are structured based on the mode of examination. You can go through the table below to get an idea about the GMAT examination fees in India:

Particulars	Test Center	Online [Remote Option]
GMAT Exam	USD 275 (₹23,812)*	USD 300 (₹25,977)*
Additional Score Report	USD 35 each (₹3,030)*	USD 35 each (₹3,030)*

GMAT Exam Fee: Country-Wise 

GMAT exam fees are different in each country because of differences in the economy and the way things are run in each area. In the table below, you can see how much the GMAT costs in each country:

Country	Test Center	Online [Remote Option]
India	₹23,812	₹25,977
United States	USD 275	USD 300
United Kingdom	USD 250	USD 275
China	USD 250	Not available
Canada	USD 275	USD 300

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GMAT Exam Rescheduling Fee

The GMAT exam rescheduling fees vary based on how close the new date is to the original appointment. Rescheduling can be done through the ‘mba.com’ account. Once the fee is paid, a confirmation email will be sent with the new appointment details. You can refer to the table below to learn about the GMAT fees for scheduling the test:

Rescheduling Fees	Test Center	Online [Remote Option]
More than 60 Days Before the Exam	USD 55 (₹4,762)*	USD 60 (₹5,195)*
15-60 Days Before the Exam	USD 110 (₹9,525)*	USD 120 (₹10,391)*
14 days or Less Before the Exam	USD 165 (₹14,287)*	USD 180 (₹15,586)*

GMAT Rescheduling Policy

Candidates who wish to reschedule their GMAT exam can do so through their mba.com account. The policies regarding rescheduling of the GMAT examination are as follows:

• Advance Notice: Candidates can reschedule their exam up to a certain number of days before the scheduled date. The fees associated with rescheduling vary based on how far in advance the request is made.
• Multiple Reschedules: Candidates are allowed to reschedule their exam multiple times, but each change may incur a fee based on the timing of the request.
• Confirmation: After the GMAT exam rescheduling, candidates will receive a confirmation email with the new exam details.

GMAT Exam Cancellation Fee

If you find it necessary to cancel your GMAT exam, it is important to be aware of the cancellation charges. Similar to the rescheduled criteria, the GMAT exam fees for cancellation are structured based on how close the cancellation is to your scheduled test date. You can check out this table for more details about the GMAT exam cancellation fees:

Cancellation Fees	Test Center	Online [Remote Option]
More Than 60 Days Before the Exam	USD 110 Refund (₹9,525)*	USD 120 Refund (₹10,391)*
15-60 Days Before the Exam	USD 80 Refund (₹6,927)*	USD 90 Refund (₹7,793)*
14 Days or Less Before the Exam	USD 55 Refund (₹4,762)*	USD 60 Refund (₹5,195)*

GMAT Cancellation Policy

For candidates who need to cancel their GMAT exam, the following regulations apply:

• Cancellation Process: Candidates can cancel their exam through their mba.com account.
• Notice Period: The GMAT exam cancellation policy includes different fees depending on how close the cancellation occurs to the scheduled test date.
• Non-Refundable Fees: Once a cancellation is processed, any fees paid are non-refundable, regardless of when the cancellation occurs.
• Impact on Future Registrations: Canceling an exam does not affect a candidate’s ability to register for future GMAT exams.

GMAT Retake Fees and Other Charges 

If you decide to repeat the GMAT examination or select supplementary services, be ready for any fees that may be incurred. Below are the details of the costs involved:

Service	Fees	Details
Retake Exam Fees	USD 275 (₹23,812)*	This applies to any retake, no matter the location.
Additional Score Reports	USD 35 (₹3,030)*	This is in addition to the 5 complimentary score reports included with the registration fee.
Enhanced Score Report	USD 30 (₹2,597)*	It offers a comprehensive assessment of the performance of the candidates.
AWA Essay Re-scoring	USD 45 (₹3,896)*	This is a request for a review of your Analytical Writing Assessment results.
Canceled Score Reinstate	USD 50 (₹4,329)*	Reinstate the scores canceled for any reason within 5 years.

Key points to remember:

• Resit Fees: Should the candidate decide to retake the GMAT, the fee charged will be the same as that charged during the initial registration.
• Score-Related Services: Test-takers may order further score reports or submit their essays for rescoring for an additional fee.
• Reinstated Scores: Scores that a test-taker has canceled can be reinstated, subject to a fee, within the validity period of five years.

GMAT Exam Fee Waiver, Eligibility, & Process

The GMAT fee waiver program assists candidates who face financial challenges, allowing them to take the exam without the burden of registration fees. However, the process for obtaining a fee waiver is not straightforward, as applicants cannot apply directly to GMAC (Graduate Management Admission Council). Instead, business schools play an important role in determining eligibility and distributing these waivers.

1. Eligibility for GMAT Fee Waiver

To qualify for a GMAT fee waiver, candidates must meet specific criteria set by the business schools they are applying to. The key points regarding eligibility for the GMAT exam fee waiver include:

• Financial Need: The primary criterion is demonstrating financial need. Candidates must provide evidence of their economic situation to justify their request for a waiver.
• School Discretion: Each participating business school has the authority to decide who qualifies for a fee waiver, and they can request up to 10 waivers per academic year.
• Application Through Schools: Candidates cannot apply directly. Instead, they must have their undergraduate institution or MBA program submit the request on their behalf.

2. Process to Apply for GMAT Fee Waiver

The application process for obtaining a GMAT fee waiver is quite structured. It involves several steps that have been discussed below:

• Consult the School: Candidates should first reach out to the financial aid department of their chosen business school to confirm whether they offer GMAT fee waivers and understand their specific eligibility criteria.
• Prepare a Financial Need Statement: Applicants must submit a detailed statement explaining their financial situation and why they cannot afford the GMAT exam fees.
• Request Submission: The actual request for the fee waiver must be made by the Director or similar authority at the school or program, not by the candidate directly.
• Provide Supporting Documentation: Candidates may need to submit additional documentation, such as proof of financial hardship or academic records, to support their application.
• Await Approval: After submission, the school will review the application and decide whether to approve the request for a fee waiver, including determining the amount granted if approved.

How to Pay the GMAT Exam Fee?

The steps for paying the GMAT exam fees are very clear and organized. This ensures that your registration goes smoothly. Just follow the steps below to make the payment quickly and without any problems. You will save time and have a better GMAT experience if you are well-prepared and know how to pay.

1. Create/Log into Your GMAT Account

• Go to the GMAT’s official website (mba.com) and either sign up for a new account or sign in to your existing account.

2. Schedule Your Exam 

• Once logged in, go to the section ‘Register for GMAT’.
• Choose an exam date, time, and location (or select take the online exam option). 

3. Proceed to the Payment Option

• After examining the details regarding your exam, click on the pay option.

4. Choose a Payment Option

The payment modes available for the GMAT examination fee are:

• Credit or Debit Cards: VISA, Mastercard, American Express, and Discover Network Cards
• PayPal: This option is for use during online transactions. 
• Personal Checks or Money Orders: These should be drawn from a US-based bank and in US dollars. It must be made payable to Pearson VUE-GMAT.

5. Complete the Payment 

• Provide your payment information and finalize the process.
• A payment confirmation and details regarding your exam will be sent to you on your official email once the payment has been successfully processed.

Also Read: How to Prepare For GMAT

Conclusion 

Understanding the GMAT exam fees is very important to plan your MBA journey. Regardless of whether you undertake the examination in a center or online, it is crucial to comprehend supplementary expenses such as rescheduling, cancellations, and optional services to prevent unforeseen complications. Effective financial planning and investment in adequate preparation can facilitate your aspiration of enrolling in a graduate business school.

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