GMAT Exam Fee in India 2023 - GMAT Rescheduling and Cancellation Fees

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Samarpita Goswami
Updated on Feb 03, 2023 9:38 AM IST

The Graduate Management Admission Test (GMAT) is a global-level, computer-adaptive entrance exam required for admission to business schools worldwide. The GMAT exam fee in India is INR 22,587.35 for 2023.

This competitive exam is a crucial component of your management career, and hence, attracts many students and working professionals each year. The exam is intended to evaluate your analytical writing, critical thinking, and logical reasoning abilities

So, if you plan to take the GMAT exam, it is important that you know everything about the exam, and one of the most vital factors to be aware of is the GMAT exam fees. Find out what the GMAT exam costs, how much the GMAT fee in India is, what the various modes of payment are, and so on.

GMAT Exam Fees 2023: Highlights

GMAT exam fee for 2023 is USD 275, which is approximately INR 22,578.35. The exam fee includes any applicable sales, value-added, or other comparable taxes. It is strongly encouraged that students prepare properly for the test in order to avoid multiple attempts or retakes.

The GMAT exam is a standard entrance exam that is usually taken by students applying to top-ranked business schools throughout the world. Global management schools may need the GMAT as part of the admissions process for MBA programmes. This exam lasts 3 hours and 7 minutes, and the applicant must complete four sections:

The GMAT fee varies country by country. The Graduate Management Admission Council which is the GMAT's regulating organisation is in charge of all technical aspects of the GMAT fees in India and worldwide.

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GMAT Fees in India 2023

The GMAT fees in India is USD 275 as of 2023, converting this currency into Indian rupees, it is approximately INR 22,578.35 (when USD 1 = INR 82.14). 

This is only the application fee that an Indian student has to pay while registering for the exam. There are other costs also that an applicant will have to incur based on their circumstances such as rescheduling the exam or additional score reports, etc.

The table below highlights the exact GMAT exam fees and other additional exam-related service charges for applicants in India as of 2023:

Service Type

Fees (in USD)

GMAT Product and Service Fees

GMAT Registration Fee

275

Enhanced Score Report

30

GMAT Handbook

Free 

Additional Score Report

35 each

Cancel Score (online after you leave the test centre)

25

Reinstate Score

50

AWA Essay Rescoring

45

GMAT Rescheduling Fees

14 days and less before the appointment

150

15-60 days before the appointment

100

60+ days before the appointment

50

GMAT Cancellation Fees

14 days and less before the appointment

50 refund

15-60 days before the appointment

75 refund

60+ days before the appointment

100 refund

Please note that the aforementioned fees are in USD and are subject to change as per the discretion of the GMAT conducting body, viz. GMAC. Let us now discuss these above-mentioned GMAT exam fees in depth.

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GMAT Exam Fees in Other Countries

As stated earlier, the GMAT exam fees differ from country to country, it is not constant everywhere. The fees change based on the location from where the applicant is opting to give the exam. For instance, the exam registration fees in India and the USA are the same, i.e., USD 275, while for the UK it is GBP 225 (approximately USD 273). 

Let us have a look at the different GMAT fee for different countries and see how it is different from the GMAT fees in India:

GMAT Fee in USA

The GMAT exam fees in the USA are comparable to those in India, which are USD 275. The following are the expenses of various GMAT goods and services that you will pay when taking the test in this country:

GMAT Product and Service Fees

Service

Fees

GMAT Fee

USD 275

Enhanced Score Report 

USD 30

Additional Score Report 

USD 35 each

Cancel Score (online after you leave the test centre)  

USD 25

Reinstate score 

USD 50

AWA Essay Rescoring 

USD 45

GMAT Reschedule Fees

Service

Fees

14 days and less before appointment

USD 150

15-60 days before appointment

USD 100

60+ days before appointment

USD 50

GMAT Cancellation Fees

Service

Fees

14 days and less before appointment

USD 50 refund

15-60 days before appointment

USD 75 refund

60+ days before appointment

USD 100 refund

GMAT Fee in UK

Surprisingly, there are some costs in GBP and others in USD or dollars to take the GMAT exam in the UK. For example, the exam registration fee in the UK is GBP 225, but if you wish to buy extra score reports, you must pay in dollars for each report. The table below very well summarises all of the costs and exam fees that may be incurred by test takers while taking the test in the United Kingdom:

GMAT Product and Service Fees

Service

Fees

GMAT Fee

GBP 225

Enhanced Score Report (purchased at the time of registration)

GBP 24

Additional Score Report 

USD 35 each

Cancel Score (online after you leave the test centre)  

USD 25

Reinstate score 

USD 50

AWA Essay Rescoring 

USD 45

GMAT Reschedule Fees

Service

Fees

14 days and less before appointment

GBP 125

15-60 days before appointment

GBP 85

60+ days before appointment

GBP 45

GMAT Cancellation Fees

Service

Fees

14 days and less before appointment

GBP 45 refund

15-60 days before appointment

GBP 70 refund 

60+ days before appointment

GBP 85 refund

GMAT Fee in Eurozone Countries 

Similarly to GMAT exam fees in the UK, if you live in a European nation, you will have to pay certain GMAT fees in Euros and others in dollars or USD. The table below summarises all of the costs and exam fees that test takers may spend while taking the exam in a European country:

GMAT Product and Service Fees

Service

Fees

GMAT Fee

EUR 250

Enhanced Score Report (purchased at the time of registration)

EUR 26

Additional Score Report 

USD 35 each

Cancel Score (online after you leave the test centre)  

USD 25

Reinstate score 

USD 50

AWA Essay Rescoring 

USD 45

GMAT Reschedule Fees

Service

Fees

14 days and less before appointment

EUR 150

15-60 days before appointment

EUR 100

60+ days before appointment

EUR 50

GMAT Cancellation Fees

Service

Fees

14 days and less before appointment

EUR 50 refund 

15-60 days before appointment

EUR 75 refund 

60+ days before appointment

EUR 100 refund 

GMAT Fee in Non-Eurozone Countries 

Last but not the least, if you live in a non-European country, you will have to pay in USD, however, your GMAT exam fees will be somewhat more than in other countries. A few East European countries, however, do not fit within this group. The following are the various costs and exam fees associated with taking the exam outside of the Eurozone:

GMAT Product and Service Fees

Service

Fees

GMAT Fee

USD 285

Enhanced Score Report (purchased at the time of registration)

USD 30

Additional Score Report 

USD 35 each

Cancel Score (online after you leave the test centre)  

USD 25

Reinstate score 

USD 50

AWA Essay Rescoring 

USD 45

GMAT Reschedule Fees

Service

Fees

14 days and less before appointment

USD 170

15-60 days before appointment

USD 115

60+ days before appointment

USD 55

GMAT Cancellation Fees

Service

Fees

14 days and less before appointment

USD 55 refund 

15-60 days before appointment

USD 85 refund 

60+ days before appointment

USD 115 refund 

Types of GMAT Exam Fees

The GMAT fee is not limited to the registration fee. There are many other costs related to the fees of the GMAT exam, which on adding up (according to the applicant's need) gives the total estimate of taking the exam. Following is the list of other costs that are related to the GMAT fees in India:

1. GMAT Registration Fee

GMAT exam fees for registration is the fee paid to register for or book the exam. It is the most important GMAT fee that is paid by test takers to be eligible to sit the exam. The GMAT registration process can be completed on the official website of GMAT. The GMAT registration fee in India is USD 275 which is INR 22,587.35 which varies from one country to another.

2. GMAT Reschedule Fee

Test takers can reschedule the exam according to their convenience. However, to postpone or reschedule the GMAT exam, they need to pay a fee which depends on the number of days left for the GMAT examination while rescheduling.

If more than 60 days are left before the appointment, then the rescheduling fee is USD 50. If postponed within 15 to 60 days before the exam date, the GMAT fee for rescheduling is USD 100. If rescheduled in 14 days or less time, then USD 150 is charged.

3. GMAT Cancellation Fee

The GMAT exam fees in India can be cancelled in exchange for a GMAT cancellation fee. The fees for cancelling the exam vary depending on the days left to cancel the exam. If the exam is cancelled more than 60 days before the appointment then USD 100 is refunded.

If cancelled 15 to 60 days before the appointment, then USD 75 is refunded. If the cancellation is done within 14 days and less before the appointment then USD 50 is refunded.

4. GMAT Additional Score Reports Fees

Students can send their score reports to various schools of their choice. However, only five score reports can be sent for free. After that, they need to pay a fee to receive an additional GMAT score report. Each GMAT additional score report costs USD 35.  

5. GMAT Score Cancellation After Leaving the Test Center

Those who wish to cancel their GMAT score after leaving the GMAT test centre can do so by paying a GMAT fee of USD 25 if cancelled within 72 hours.

6. GMAT Score Reinstatement

To reinstate a cancelled score, students have to pay a fee. It can be done online by logging in to the website or by phone call. The GMAT exam fees for score reinstatement is USD 50.

7. GMAT AWA Essay Rescoring

Test takers who wish to get their AWA rescored can request it within six months of the test date. The GMAT AWA essay rescoring fee is USD 45.

GMAT Online Exam Fee 2023

The GMAT Online Exam is a remote proctored version of the GMAT test that is meant to assist individuals to fulfil their application goals from the comfort of their own homes. Candidates can take the GMAT exam online, at a testing location, or both! The GMAT online test gives applicants even more options and freedom to perform at their peak on test day and successfully achieve their business school ambitions.

The number of times a candidate can take the online form of the exam is no longer limited to two. The online attempts will be counted toward the overall GMAT attempt restrictions of 5 every rolling 12-month period and 8 times in a lifetime. The GMAT online exam comes with five free score reports. Once the official online exam score is released, the 5 free score reports must be used within 48 hours.

The cost of taking the GMAT exam at a test centre or home is the same regardless of the applicant's location. As a result, for an Indian student taking an exam in India, the GMAT exam fees for GMAT Online will remain the same, i.e., USD 275, while those taking the exam in the UK would pay USD 273.

GMAT Exam Fees for Special Handling Requests

GMAC permits candidates to seek special processing in specific cases, although they must pay additional GMAT exam fees or will not receive a complete refund, depending on the situation.

GMAT Cancellation Fee

  • If you cancel the exam between 1 and 14 days before the test date, you will be charged a GMAT fee of USD 200 and will receive a USD 50 refund. 

  • If you cancel the test between 15 and 60 days before the appointment, you will be charged a GMAT fee of USD 175 and will receive a refund of USD 75. 

  • If you cancel the test more than 60 days before the appointment for the exam, you will be charged a GMAT fee of USD 150 and will receive a refund of USD 100.

  • Furthermore, the test appointment cannot be changed or cancelled within 24 hours of the planned test time.

GMAT Rescheduling Fee

You will have to pay a fee of USD 150 if you reschedule the exam between 1 and 14 days before the test date. In addition, if you reschedule the exam 15 to 60 days before the appointment, you must pay USD 100. Last but not the least, you will have to pay a GMAT fee of USD 50 if you reschedule the exam more than 60 days before the test date.

Note: Applicants can not cancel or modify the examination date within 24 hours of the exam. So, the students are strongly advised to choose and select the slot carefully.

GMAT Exam Fees Payment Methods

The GMAC exclusively accepts credit and/or debit cards for the payment of the GMAT exam fees. Please keep the following in mind while paying your exam fee and/or any additional product or service using a credit or debit card:

  • GMAT only accepts VISA, Mastercard, American Express and Discover Network Cards. 

  • All the payments should be done in USD. Indian Rupee is not accepted while paying the GMAT fees in India along with any other additional cost related to the GMAT exam. 

  • Charges on your credit card account will most likely show as "VUE*GRAD MGMT TEST" for examinations taken in a testing facility or "DRI*EXAMITY LLC" for exams taken online.

  • Your appointment will be immediately cancelled if your credit or debit card is denied. It is your responsibility to schedule another test appointment with a valid payment.

  • If you use a stolen or fraudulent credit or debit card, your registration will be terminated, along with any prior GMAT results, and the Graduate Management Admission Council will contact both institutions and law enforcement authorities.

  • You may be barred from taking subsequent examinations or receiving additional score reports if you incorrectly contest or dispute the charge with your credit card issuer.

Note: Some Indian banks will not let the usage of debit cards on the internet unless the business participates in Verified by Visa or MasterCard Secure Code. This necessitates the consumer entering a PIN. GMAC is not a part of this programme. For assistance, please contact your bank. Some banks may be ready to offer a one-time use card or remove the PIN restriction so you may use it on the official exam website.

GMAT Exam Fees Waiver

If you are worried about money when applying to business school, paying for the GMAT exam can be difficult. After all, the GMAT is not cheap: The exam costs USD 250, and if you wish to take it more than once, you must pay the entire sum each time.

Because this cost enters the picture before you are certain of being accepted into your desired MBA programme, you may want to seek ways to reduce the load. The GMAC can assist you in overcoming this obstacle by reducing or waiving your GMAT registration fee.

Who is Eligible to Apply for a GMAT Fee Waiver?

Everyone is eligible to apply for a GMAT fee waiver. However, applicants cannot apply for this waiver directly. GMAC instead defers to the schools (undergraduate/business schools) in requesting exam fee waivers for their students.

The GMAC allows institutions to select which applicants are eligible for fee waivers or reductions. The schools are allowed to apply for 10 fee waivers in 12 months. GMAC encourages the schools to select those students for a test fee waiver who can overcome financial difficulty through it.

Also, GMAC allows the schools to decide their criteria to define the financial need of their students. This implies that if you want a fee waiver, you must demonstrate your financial need to your university.

Applicants who received need-based financial help as undergraduates or who earn less than a specified income threshold may be eligible for this exam fee waiver. However, because each institution has its own set of requirements, it is difficult to make broad statements about who should apply for a GMAT fee waiver or who will almost certainly receive one.

When and How to Apply for the GMAT Fee Waiver?

You can apply for the GMAT exam fees waiver in two ways:

  • During your undergraduate studies, or

  • When you have applied for the MBA programme (business school)

However, before applying for a price waiver through any of these channels, you should check with your school's financial aid department to see if they provide a GMAT fee waiver.

Note: If you are continuing in your undergraduate studies or are a recent alum (graduated within the last two years), you must first seek assistance from your undergraduate institution. If your undergraduate university does not have a policy for test cost waivers, you should check with the MBA programmes to which you are applying.

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FAQs on GMAT Exam Fee

What is the GMAT exam fee in India?

The registration fee for the GMAT exam in India is USD 275, which when converted to INR is approximately INR 21,715 (when USD 1= INR 78.97). The cost of registration in INR may vary from time to time depending on the current currency exchange rate. However, there are many additional costs which an applicant might have to incur depending upon the individual's situation. 

Why is the GMAT exam fees so costly?

The GMAT is a standard exam conducted by the Graduate Management Admission Council can be quite costly for many. The GMAC conducts the exam on a daily basis with many slots per day. This whole system of conducting the exam is costly all over the world, hence the GMAT fee is costly too. 

Can the GMAT exam fee be paid in Indian Rupees?

No, you cannot pay the GMAT exam fee in Indian Rupees (INR). It is mandatory for the applicants to submit their GMAT exam fee in US dollars only (USD 275). It is done in order to avoid confusion amongst the students as the foreign currency rates change from time to time. 

Can one get a fee discount on the GMAT exam fees?

Yes, GMAC, the governing body of the exam has the provision for fee discounts or GMAT fee waivers for students belonging to the underprivileged section of society. However, it is not directly involved in the process. The GMAC allows the business schools to suggest 10 names of students whose financial condition is poor and who also meet the fee waiver eligibility criteria set by that particular school, within 12 months.

How to apply for the GMAT exam fee waivers?

Applicants cannot apply for the GMAT exam fee waiver directly to the GMAC. They need to apply for this waiver through their business school. The school suggests 10 names of the students who are eligible for the waiver or reduction in the GMAT registration fee within 12 months. However, before applying, the applicants must confirm whether the school offers a fee waiver programme or not to its students. 

What is the GMAT fee for sending additional GMAT Score reports?

The GMAT exam registration fee provides the applicant to send official score reports to up to five universities or business schools, that were selected by the applicant at the test centre prior to the start of their exam. However, if the applicant wants to send additional GMAT score reports, they will have to pay an additional cost of USD 35 per recipient. 

How to pay the GMAT exam fees in 2022?

For payment of the GMAT exam fees 2022, the GMAC only accepts credit and/or debit cards. The applicant can pay the registration fee and the additional cost of the exam through only VISA, Mastercard, American Express, and Discover Network Cards that are accepted by GMAT.

How much does it cost to reschedule the GMAT exam?

The additional cost of rescheduling GMAT exam depends upon the time frame the applicant has requested before the date of appointment.

  • If the request is done more than 60 days before the appointment, then the rescheduling GMAT exam fees is USD 50.

  • If it is done between 15-60 days before the appointment, the rescheduling fee is USD 100.

  • If the time frame is 14 days or less than that, the rescheduling fee is USD 150.

The applicant can not ask to reschedule the exam within 24 hours of the appointment. 

Is GMAT exam fee 2022 cheaper than the GRE exam fee 2022?

No, the GMAT fee is not cheaper than the GRE fee 2022. The registration fee for the GMAT exam is USD 275 (approximately INR 21,715) for an Indian student per exam, while the registration fee for the GRE exam fee is USD 213 (approximately INR 16,841) per exam. 

Can I get a full refund of GMAT exam fees?

No, getting a full refund of GMAT exam fees is not possible. But, test takers are eligible to get a refund if they cancel the GMAT exam before the appointment date. If cancelled 60 days before the appointment, a GMAT fee of USD 150 is deducted. If cancelled within 15 to 60 days, USD 175 is deducted and if the GMAT is cancelled within 1 to 14 days of the exam, USD 200 is deducted. 

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