GMAT Registration Fees: Payment Methods, Rescheduling Fees, and other costs

Are you considering taking the GMAT exam in 2024? Whether you're aiming for a test centre-based or online exam, understanding the fees involved is crucial. The GMAT registration fees for India stand at USD 275 or INR 22,930 for the test center option, while the online GMAT comes at USD 300 or INR 25,010. 

Now, with the introduction of the GMAT Focus Edition in February 2024, aspiring business school students have a shorter test format to consider. Have you thought about which format suits your goals better?

Moreover, besides the base fees, it's essential to be aware of additional costs like rescheduling, cancellation, and score sending fees. These can impact your budgeting and planning significantly. Are you planning to send your scores to multiple institutions, or do you have a specific set of schools in mind?

Whether you're aiming for top business schools or exploring your options, navigating through the GMAT registration process is key. Would you like to delve deeper into any specific aspect of the GMAT exam or its fees? Let's ensure you have all the information you need to make informed decisions for your academic journey.

How to Pay GMAT Exam Fees 2024?

Candidates are required to submit the test fee for the GMAT during the GMAT registration fee payment. The first step is to choose which GMAT exam delivery method works best - online or at a GMAT test centre. 

Below are the step-by-step guidelines on how to pay the GMAT registration fees.

• Visit the GMAC official website.
• Click on the ‘Register for the GMAT’ tab.
• Create an account by providing the basic information.
• Click on the register button to register for GMAT.
• Complete the GMAT profile by filling out all the required details.
• Select the preferred GMAT exam date For example the time and date of the exam.
• Complete the GMAT exam fee payment.

GMAT Exam Fees: Payment Method

There are multiple ways through which a candidate can pay the GMAT exam fees. The GMAT registration fees will only be completed after the successful fee payment. 

Below are the different methods of payment for GMAT exam fees in 2024.

1. Credit card or Debit Card - Only VISA, Mastercard, American Express, and Discover Network Cards are accepted by the GMAC.
2. Customer service by phone - An additional USD 10 fee will be charged for call centre service.
3. Pay by check or money order - Candidates who submit their GMAT application form via postal mail can complete the GMAT test fee payment by check or money order.

GMAT registration fees in India

A detailed information on the GMAT registration fees in India 2024 is given in the table below. Students who are looking to take the GMAT exam 2024 must analyse the complete fee structure carefully before filling out the application form for the test. However, a few additional costs including the rescheduling fee, cancellation fees, and score sending fee for universities may impact the overall GMAT fee structure.

GMAT Exam Fees 2024

GMAT registration fees in the USA

The fee for registering, rescheduling, or canceling the GMAT exam is the same in both the United States and India, resulting in a cost of $275 to take the test in the US.

GMAT registration fees in the UK

In the UK, the GMAT registration fee is £250, but additional score reports cost $35 each. The cancellation fee varies based on the number of days before the appointment, with a refund of £50 for 14 days or less, £75 for 15-60 days, and £100 for more than 60 days. Rescheduling fees range from £50 to £150, depending on the number of days before the appointment.

GMAT registration fees in European Countries

In several European countries, the GMAT fee is $275 and is charged in either Euros or Pounds.

GMAT registration fees in Non-European Countries

The GMAT exam fee in non-Eurozone countries is US$285, with an additional US$30 if you purchase an Enhanced Score Report at registration. 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.

How to Pay GMAT Exam Fees 2024?

Candidates are required to submit the test fee for GMAT during the GMAT registration. The first step is to choose which GMAT exam delivery method works best - online or at a GMAT test centre. Below are the step-by-step guidelines on how to pay the GMAT fees.

• Visit the GMAC official website.
• Click on the ‘Register for the GMAT’ tab.
• Create an account by providing the basic information.
• Click on the register button to register for GMAT.
• Complete the GMAT profile by filling out all the required details.
• Select the preferred the time and date of the exam.
• Complete the GMAT exam fees payment.

GMAT Exam Fees: Payment Method

There are multiple ways through which a candidate can pay the GMAT exam fees. The GMAT exam registration will only be completed after the successful fee payment. Below are the different methods of payment for GMAT exam fees 2024.

1. Credit card or Debit Card - Only VISA, Mastercard, American Express, and Discover Network Cards are accepted by the GMAC.
2. Customer service by phone - An additional USD 10 fee will be charged for call center service.
3. Pay by check or money order - Candidates who submit their GMAT application form via postal mail can complete the GMAT test fee payment by check or money order.

Candidates must note that failure to complete the required GMAT application fee may lead to cancellation of their candidature and students are responsible for booking a new test with a valid payment mode. In the case of an electronic payment method, a service fee will be charged and the appointment will be cancelled.

Can I Cancel or Reschedule My GMAT Test?

Yes, students can cancel or apply for a rescheduling of their GMAT exam date by following the GMAC guidelines. However, candidates must note that the cancellation or rescheduling process must be completed before 24 hours of the scheduled test date. If the candidate is unable to reschedule the exam before the designated period, the entire exam will be forfeited.

GMAT registration fees in India 2024 for Rescheduling

GMAC offers test rescheduling for aspiring candidates. Students can reschedule their GMAT test at least 24 hours before the original test date. Students must note that no rescheduling will be permitted within 24 hours of the original exam date. Check the table below to know the GMAT exam fees for rescheduling.

GMAT Rescheduling Fees

GMAT Exam Fees for Cancellation

GMAC provides the facility to cancel the GMAT exam 24 hours before the scheduled time. The exam can not be cancelled within 24 hours of the original appointment, and in such a case no refund will be initiated. Check the GMAT exam fees in India for cancelling the exam in the table below.

How to Get a GMAT Fee Waiver?

GMAT fee waivers are a helpful option for individuals who are economically disadvantaged and wish to take the GMAT exam. Interested candidates must visit the website to access the necessary information to apply for a fee waiver.

After reading the provided information, applicants can click the "submit" button and log in to their GMAT  account to request a fee waiver. It is important to note that fee waivers can only be requested by a Director or someone in a similar position and are only available to programs that accept GMAT scores.

Conclusion 

GMAT is a management entrance exam conducted around the year where the candidates have the flexibility to take the exam on any day depending on the availability and time slot. In this blog, we have discussed the complete GMAT registration process step by step.

 You need to make sure that at the time of booking your slot, your preferential test centre is also available on the chosen date. Candidates can register for the GMAT application anytime between 6 months and 24 hours before the exam date. However, getting a GMAT slot at the last moment may not always be possible at all times. Thus, applicants should go for the GMAT Registration 2024 at least 3 months before the planned test date.