GMAT™ Fee Calculator

Preparing for the GMAT is an essential step for anyone pursuing an MBA or business-related graduate studies. However, the costs associated with taking the GMAT can quickly add up, leaving many students overwhelmed and unprepared for the financial commitment. From registration fees to prep courses and study materials, the expenses often extend beyond the test day itself. Knowing the total cost in advance can help students plan better and avoid surprises.

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GMAT Fees: How Much Does It Cost to Register for the GMAT?

Understanding the GMAT fees is an essential part of planning for your MBA journey. The cost of registering for the GMAT exam varies depending on your location and whether you choose to take the GMAT online or at a testing center. In the United States, the GMAT registration fee for the online exam is $300 USD, while the test center version costs slightly less at $275 USD. These fees include sending your official GMAT score reports to up to five MBA programs.

If you need additional services, such as an enhanced score report, you can expect to pay $30. However, this service is only available for exams taken at a testing center. Additionally, if you want your Analytical Writing Assessment (AWA) rescored, the fee is $45, regardless of whether you took the test online or in a test center.

GMAT Costs Around the World

The GMAT registration fees are similar worldwide but may differ slightly due to local pricing and taxes. Here’s a breakdown of GMAT costs in different countries:

  • United Kingdom: The GMAT test center fee is £250, and the online exam costs £275.
  • China: A flat fee of $250 applies for both online and test center exams.
  • European Countries:
    • In most European countries, GMAT fees are €275 for the test center exam and €300 for the online version.
    • Some countries, such as the Czech Republic, Denmark, and Switzerland, have slightly higher fees: $285 for the test center exam and $310 for the online exam.
  • South Korea and India: GMAT fees are aligned with those in the United States, at $275 for test center exams and $300 for online exams.

GMAT Reschedule Fees: How Much Does It Cost to Reschedule the GMAT?

If you need to reschedule your GMAT exam, the GMAT reschedule fee will vary depending on how far in advance you make the change. Here's a breakdown of the fees:

GMAT Reschedule Fees for Test Center Exams

  • More than 60 days before your test date: $55 USD
  • 15 to 60 days before your test date: $110 USD
  • 14 days or fewer before your test date: $165 USD

GMAT Reschedule Fees for Online Exams

  • MMore than 60 days before your test date: $60 USD
  • 15 to 60 days before your test date: $120 USD
  • 14 days or fewer before your test date: $180 USD

It’s important to note that if you attempt to reschedule within 24 hours of your GMAT appointment, you will forfeit your entire GMAT registration fee. To avoid these steep costs, it’s advisable to finalize your schedule well in advance.

GMAT Reschedule Fees: How Much Does It Cost to Reschedule the GMAT?

You can cancel your GMAT exam through your mba.com account. Simply navigate to the My Account page and select the “Cancel GMAT Exam” option. However, canceling your GMAT appointment comes with its own set of fees.

GMAT Cancellation Fees

The GMAT cancellation fees depend on whether you’re taking the exam at a test center or online and how far in advance you cancel.

GMAT Cancellation Fees for Test Center Exams

  • More than 60 days before your test date: $165 cancellation fee; $110 refunded
  • 15 to 60 days before your test date: $195 cancellation fee; $80 refunded
  • 14 days or fewer before your test date: $220 cancellation fee; $55 refunded

GMAT Cancellation Fees for Online Exams

  • More than 60 days before your test date: $120 refunded
  • 15 to 60 days before your test date: $90 refunded
  • 14 days or fewer before your test date: $60 refunded

No refunds are provided if you cancel within 24 hours of your scheduled GMAT appointment.

What Happens If You Miss Your GMAT Appointment?

If you miss your scheduled GMAT test day, you will not receive a refund of your GMAT fees, as changes cannot be made less than 24 hours before the test. However, you can immediately register for a new GMAT exam date without any waiting period.

GMAT Identification Requirements and Associated Fees

Understanding the GMAT identification requirements is crucial to avoid losing your registration fees on test day. The GMAT exam requires specific types of valid identification (ID) to ensure exam security and verify your identity. Acceptable GMAT ID Types To take the GMAT exam, you must present one of the following five forms of identification:

  • Passport
  • Green Card
  • Government-Issued Driver’s License
  • Government-Issued National/State/Province Identity Card
  • Military ID

All IDs must meet these criteria: Be current (not expired) Be legible and in good condition Display your full name, date of birth, signature, and a recent photograph Failure to present acceptable ID will result in the forfeiture of your entire GMAT registration fee. GMAT ID Requirements for Testing Center Exams At a physical testing center, you must bring a valid ID or a combination of IDs that meet all the requirements listed above. If your ID is invalid, expired, or missing, you will not be allowed to take the exam, and no refund will be issued. GMAT ID Requirements for Online Exams For the online GMAT, you must upload a valid ID during the registration process. At the start of your scheduled GMAT appointment, the same ID must be presented to the online proctor for verification. Ensure that the ID you upload matches the one you present on test day to avoid complications.

Final Thoughts

While the GMAT fees and associated costs may seem steep, thoughtful planning and preparation can help keep expenses to a minimum. Choosing the right test date, ensuring you meet GMAT identification requirements, and committing to a structured study plan can significantly reduce the likelihood of needing to reschedule, cancel, or retake the exam. Looking for expert guidance? Sign up for our GMAT prep course, designed by industry experts to help you achieve your target score in a time-effective manner.