GMAT Exam Fees – How much does taking the GMAT cost?

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The cost of taking the GMAT depends on your location and whether you take the GMAT at home or at the test center. However, there is a difference between the GMAT exam fees and the GMAT cost. GMAT exam fees refers to the registration fees that you have to pay to take the GMAT. GMAT cost, on the other hand, is the amount of money you will spend on your whole GMAT journey. In other words, the GMAT fees is a part of the GMAT cost. 

GMAT Exam Fees

In this article, we’ll take a look at what is the GMAT fees and GMAT cost if you take the GMAT from India, US, UK, and other parts of the world and whether you take it at home or at the test center.

GMAT Fee and Cost in India

The GMAT fee in India is $275 if you take the test at a test center and $300 if you take the test at home. Considering the USD/INR exchange rate as USD 1 = INR 82, the GMAT fee in India would be INR 22,550 if you take the test at a designated test center and INR 24,600 if taken at home.

Here are the other costs associated with taking the GMAT:

Type of serviceTest CenterAt Home
GMAT Exam Registration FeesUS$275US$300
Enhanced Score Report (purchased at time of registration)US$30Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointmentUS$55US$60
15-60 days before appointmentUS$110US$120
14 days or less before appointmentUS$165US$180
Cancellation FeesTest CenterAt Home
More than 60 days before appointmentUS$110 refundUS$120 Refund
15-60 days before appointmentUS$80 refundUS$90 Refund
14 days or less before appointmentUS$55 refundUS$60 Refund

What is the GMAT cost in India?

The GMAT cost in India is the sum of the GMAT registration fees and other GMAT-related expenses.

Scenario

You register for the at-home GMAT but due to unpreparedness or some other reason you want to reschedule your GMAT appointment. Let’s say you decide to reschedule 40 days before your scheduled appointment. In this case, you would have to pay the GMAT reschedule fee of $120. Now, you take the GMAT and you have applied to 10 business schools and want to send your GMAT score to all of these 10 business schools.

Since you only get 5 test reports for free, you would have to pay $35 each for the additional 5 score reports. Thus, you’d have to shell out $175.

In total, you would be spending the following amount for your GMAT attempt:

Test ServiceCost
GMAT registration fee$300
GMAT Reschedule fee$120
Additional Score reports (5 Nos)$175
Total GMAT cost$595

Therefore in this scenario, your total GMAT cost would be $595 or INR 48,790/-

GMAT Fee and Cost in the US

The GMAT fee in the US is $275 if you take the test at a test center and $300 if you take the test at home.

Here are the other costs associated with taking the GMAT:

Type of serviceTest CenterAt Home
GMAT Exam Registration FeeUS$275US$300
Enhanced Score Report (purchased at time of registration)US$30Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointmentUS$55US$60
15-60 days before appointmentUS$110US$120
14 days or less before appointmentUS$165US$180
Cancellation FeesTest CenterAt Home
More than 60 days before appointmentUS$110 refundUS$120 Refund
15-60 days before appointmentUS$80 refundUS$90 Refund
14 days or less before appointmentUS$55 refundUS$60 Refund

What is the GMAT cost in the US?

Consider this scenario:

You registered for the test center GMAT and also ordered the ESR. You take the GMAT on your scheduled date but did not manage to achieve your target GMAT score. You register again and this time for at-home GMAT or GMAT Online. However, you reschedule your test 60 days before your new scheduled appointment. After rescheduling, you take the GMAT and score your target GMAT score. You want to send your GMAT score to 8 business schools and therefore, you have to buy 3 additional score reports. In this case, this is the total GMAT cost would be $740.

Test ServiceCost
GMAT registration fee (Attempt 1)$275
GMAT registration fee (Attempt 2)$300
GMAT Reschedule fee$60
Additional Score reports (3 Nos)$105
Total GMAT cost$740

GMAT Fee and Cost in the UK

The GMAT fee in the UK is £250 if you take the test at a test center and £275 if you take the test at home.

Here are the other costs associated with taking the GMAT:

Type of serviceTest CenterAt Home
GMAT Exam Registration Fee£250£275
Enhanced Score Report (purchased at time of registration)£26Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointment£50£55
15-60 days before appointment£100£110
14 days or less before appointment£150£165
Cancellation FeesTest CenterAt Home
More than 60 days before appointment£100 refund£110 Refund
15-60 days before appointment£75 refund£80 Refund
14 days or less before appointment£50 refund£55 Refund
GMAT Exam Format

Know more about the GMAT exam format you can expect in 2023.

GMAT Exam Format
GMAT Syllabus

Know more about the 50+ topics tested on the GMAT in this article on GMAT syllabus

GMAT Syllabus

GMAT Fee and Cost in Europe (Eurozone countries)

The GMAT fee in Europe (Eurozone) is €275 if you take the test at a test center and €300 if you take the test at home.

Here are the other costs associated with taking the GMAT:

Service FeesTest CenterAt Home
GMAT Exam Registration Fee€275€300
Enhanced Score Report (purchased at time of registration)€26Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointment€55€60
15-60 days before appointment€110€120
14 days or less before appointment€165€180
Cancellation FeesTest CenterAt Home
More than 60 days before appointment€110 refund€120 Refund
15-60 days before appointment€80 refund€90 Refund
14 days or less before appointment€55 refund€60 Refund

GMAT Fee and Cost in Europe (Non-Eurozone countries)

The GMAT fee in Europe (Non-Eurozone) is US$285 if you take the test at a test center and US$310 if you take the test at home.

Here are the other costs associated with taking the GMAT:

Service FeesTest CenterAt Home
GMAT Exam Registration FeeUS$285US$310
Enhanced Score Report (purchased at time of registration)US$30Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointmentUS$55US$70
15-60 days before appointmentUS$115US$130
14 days or less before appointmentUS$170US$190
Cancellation FeesTest CenterAt Home
More than 60 days before appointmentUS$115 refundUS$120 Refund
15-60 days before appointmentUS$85 refundUS$90 Refund
14 days or less before appointmentUS$55 refundUS$60 Refund

GMAT Fee and Cost in China

Test takers do not have the option to take the GMAT at home in China. Therefore, the cost and fee is available only for the test center option.

GMAT Service FeesCost
GMAT Exam Registration FeesUS$250
Enhanced Score ReportUS$30
Additional Score ReportUS$35 each
Cancel score (online after you leave the test center)US$25
Reinstate scoreUS$50
AWA Essay RescoringUS$45
GMAT HandbookFree download
Reschedule Fees
More than 60 days before appointmentUS$50
15-60 days before appointmentUS$100
14 days and less before appointmentUS$150
Cancellation Fees
More than 60 days before appointmentUS$100 refund
15-60 days before appointmentUS$75 refund
14 days and less before appointmentUS$50 refund

GMAT Fee and Cost in Africa, and Asia (except India and China)

The GMAT fee is $250 if you take the test at a test center and $275 if you take the test at home.

Here are the other costs associated with taking the GMAT:

Service FeesTest CenterAt Home
GMAT Exam Registration FeeUS$250US$275
Enhanced Score Report (purchased at time of registration)US$30Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointmentUS$50US$55
15-60 days before appointmentUS$100US$110
14 days or less before appointmentUS$150US$165
Cancellation FeesTest CenterAt Home
More than 60 days before appointmentUS$100 refundUS$110 Refund
15-60 days before appointmentUS$75 refundUS$80 Refund
14 days or less before appointmentUS$50 refundUS$55 Refund

GMAT Fee and Cost in Canada, Australia, New Zealand

The GMAT fee in Canada, Australia, New Zealand is $275 if you take the test at a test center and $300 if you take the test at home.

Here are the other costs associated with taking the GMAT:

Type of serviceTest CenterAt Home
GMAT Exam Registration FeeUS$275US$300
Enhanced Score Report (purchased at time of registration)US$30Not Available
Additional Score ReportUS$35 eachUS$35 each
Cancel score (via mba.com My Account page after the exam)US$25Not Applicable
Reinstate scoreUS$50Not Applicable
AWA Essay RescoringUS$45US$45
Reschedule FeesTest CenterAt Home
More than 60 days before appointmentUS$55US$60
15-60 days before appointmentUS$110US$120
14 days or less before appointmentUS$165US$180
Cancellation FeesTest CenterAt Home
More than 60 days before appointmentUS$110 refundUS$120 Refund
15-60 days before appointmentUS$80 refundUS$90 Refund
14 days or less before appointmentUS$55 refundUS$60 Refund

GMAT fee waiver

Even though GMAT fee waivers are provided by GMAC (the GMAT’s developer), applicants need not contact GMAC directly.

There are three ways to get the GMAT fee waived. Let’s look at what each choice is.

Option #1: You can apply through business programs.

Apply for a fee waiver for the GMAT through an MBA program you want to apply to. Each year, business schools can only get 10 GMAT fee waivers. So, if you want a chance at getting a GMAT fee waiver, you should apply as soon as possible. These fee waivers are quickly given out by business programs.

Option #2: Apply through the school where you went to college.

Some schools let former students and current students take the GMAT for free. So, if you’re still in school and on track to graduate in less than two years or have already graduated, you should talk to your financial aid office about GMAT fee waivers.

Option 3: Apply as a veteran or someone who is still in the military.

The military helps veterans and people still in the military who want to get a higher degree. If you’re in the military or have been in the military, you can get your GMAT registration fee reimbursed either directly through DANTES or through the GI Bill, in addition to the options listed above.

But keep in mind that the fee isn’t really waived. Instead, you get the fee back. The military will only pay for the fee to sign up for the test. You won’t get money back for things like travel costs, rescheduling fees, etc.

How to pay for your GMAT appointment?

You can pay for your GMAT exam appointment using a credit or debit card. However, there are a few things to keep in mind:

  • GMAT accepts: VISA, Mastercard, American Express and Discover Network Cards.
  • Charges on your credit card statement will most likely appear as “VUE*GRAD MGMT TEST” for exams delivered at a test center, or “DRI*EXAMITY LLC” for exams delivered online.
  • If your credit or debit card is declined, your appointment will be automatically canceled. You are responsible for scheduling another test appointment with a valid payment.
  • If you use a stolen or fraudulent credit or debit card, your registration will be canceled, any of your previous GMAT scores may be canceled, and Graduate Management Admission Council may notify both schools and law enforcement authorities.
  • If you wrongfully challenge or dispute the fee with your credit card company, you may be blocked from taking further exams or from requesting additional score reports.

FAQs – GMAT Exam Fees

What is the GMAT exam fees in India?

GMAT exam fees in India is $275 or INR 22,550  if you take the GMAT at the test center and $300 or INR 24,600 if you take the GMAT Online at home.

What is the validity of the GMAT exam?

The validity of your GMAT exam score is 5 years from the date of your appointment.

What is the GMAT reschedule fees?

The GMAT reschedule fees is $55 for test center and $60 for GMAT Online at home if rescheduled more than 60 days before the appointment. If you reschedule your GMAT appointment 15 to 60 days before your appointment, you’ll be charged a reschedule fee of $110 (test center) and $120 (GMAT Online at home). If you reschedule your GMAT appointment 14 or less days before your appointment, you’ll be charged a reschedule fee of $165 (test center) and $180 (GMAT Online at home).

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