GMAT Exam Fees: Know Application, Rescheduling & Cancellation Fee!
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Introduction
From February 2024, the GMAT Focus Edition is the sole version of the GMAT exam. This new format includes three sections: quantitative reasoning, verbal reasoning, and data insights, totaling 2 hours and 15 minutes. Alongside the format change, GMAC has introduced updated exam fees and payment options, tailored to each test-taker’s location.
In India, the GMAT exam fee for taking the test at a test center is $275 (approximately Rs. 22,854). If you choose to take the GMAT online, the fee is slightly higher at $300 (approximately Rs. 24,931). These fees are due at the time of registration.
Beyond the initial registration fee, candidates may encounter additional costs. These include cancellation fees, rescheduling fees, charges for additional score reports, and the Enhanced Score Report (ESR). The specific amount and applicable taxes will vary based on the candidate’s location and whether the exam is taken online or at a test center.
The introduction of multiple payment options has simplified the process, ensuring candidates can easily pay their fees. It’s essential to check the exact fee structure and any additional costs before registering for the GMAT to avoid unexpected expenses.
Important Links
GMAT Exam Registration Fees in India
| Particulars | GMAT Exam Fees for the Test Centre Exam | GMAT Exam Fees for the Online GMAT Exam |
| GMAT Exam Registration Fees | $275 | $300 |
| Additional Score Report | $35 per report | $35 per report |
| AWA Rescoring | $45 | $45 |
| Enhanced Score Report | $30 | NA |
| Score Cancellation Fees | $25 | NA |
| Score Reinstate Fees | $50 | NA |
How to Make Payment For GMAT Exam 2024?
With these diverse payment methods, candidates have the flexibility to choose a mode of payment that aligns with their preferences and convenience. Understanding the mode of payment for GMAT exam fees is crucial for candidates planning to register for the test. Here’s the overview of the same:
Payment with Credit and Debit Cards
When paying for the GMAT Focus Edition exam, or any related products, use only VISA, Mastercard, American Express, or Discover Network cards. Ensure your card is valid to avoid automatic appointment cancellations.
Important Considerations
- Your appointment will be canceled if your card is declined. You must reschedule with a valid payment.
- Using a stolen or fraudulent card will lead to registration cancellation. Previous scores might also be voided. The Graduate Management Admission Council may alert schools and law enforcement.
- Incorrectly disputing fees can bar you from future exams and score report requests.
Payment with Cashier’s Checks, Money Orders, and Personal Checks
Key Points:
- Payments must be in US dollars, drawn on a US bank, and include relevant taxes. Send payments to Pearson VUE-GMAT.
- Ensure the current date is listed, appropriate signatures are present, and the bank’s name and location are pre-printed on the check.
- If your check is returned, Pearson VUE may deduct a service fee electronically, and your appointment will be canceled. You must reschedule with a valid payment.
Rescheduling or Cancelling GMAT Exam 2024
Rescheduling or Cancelling GMAT Exam 2024
GMAT candidates seeking to reschedule or cancel their exam in 2024 have options that align with their evolving schedules. Here’s a comprehensive guide to navigating these adjustments seamlessly.
CLAT Exam Counseling 2025
| Timeframe | GMAT Reschedule Fee at a Test Centre | GMAT Reschedule Fee for the Online GMAT Exam |
| 60 days or more before the test date | $55 | $60 |
| 15-60 days before the test date | $110 | $120 |
| 14 days or less before the test date | $165 | $180 |
| Timeframe | GMAT Cancel Fee at a Test Centre | GMAT Cancel Fee for the Online GMAT Exam |
| 60 days or more before the test date | $110 refund | $120 refund |
| 15-60 days before the test date | $80 refund | $90 refund |
| 14 days or less before the test date | $55 | $60 |
Important Points To Consider
- To initiate changes, candidates can opt for online modifications or contact customer service by phone.
- Keep in mind that alterations within 24 hours of the original exam date are not permissible.
- For phone-based alterations, a nominal fee of USD 10 is applicable, facilitating both rescheduling and cancellations.
- It’s important to note that fees vary based on the proximity to the exam date, as outlined in the table above.
- Rescheduling or canceling well in advance incurs lower fees, underscoring the importance of proactive planning.
- Additionally, cancellations within specific timeframes may result in partial refunds, as indicated in the fee structure.
By understanding these procedures and costs, GMAT candidates can navigate changes with ease, ensuring a smooth and tailored examination experience in 2024.
