While registering for the GMAT, you need to pay the exam fees by credit/debit card, cashier’s cheque, money orders or a personal cheque. Many MasterCard and Visa debit cards in India ask for a secure code while making online transactions. As GMAC does not participate in this program, contact your bank for assistance. Most students in India pay the GMAT exam fee of $275 through credit cards. GMAC accepts payment through MasterCard, Visa, American Express and JCB. Charges on your credit card will appear as “VUE’GRAD MGMT TEST”. If your transaction is declined, your appointment will be automatically cancelled.
GMAT Rescheduling Fees
At times you may need to reschedule your exam. If you reschedule more than 60 days prior to your exam, you will need to pay a rescheduling fee of $55. However, if you reschedule 14 days or less before your date of exam, you will need to pay a higher fee of $165. If you reschedule 24 hours or less before your exam, your entire fee will be forfeited.
If you decide not to take the exam at all and wish to cancel your appointment, make sure to do so at the earliest. If you cancel more than 60 days before your exam date, you will get a refund of $110. If you do the same 14 days or less before your exam, you will be refunded only $55. There won't be any refund if you cancel 24 hours or less before the exam.
At the exam centre (that is, right after you complete the exam), you will be able to send your score report to 5 colleges for free. If you wish to send your score report to more colleges, you will be required to pay $35 per additional report.
GMAT Detailed Performance Insights
Your official GMAT score report comes with detailed performance insights at no additional cost.
GMAT Score Cancellation
You cannot cancel your GMAT scores–because you’ll never need to do so. This is because you get to choose the universities you want to send your scores to after the GMAT exam. Any unused scores can be viewed by only you and are available in your mba.com account.
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