GMAT Exam Fee 2025: Registration Cost and Payment Guide

The GMAT (Graduate Management Admission Test)crucial when planning to apply to top MBA programs abroad, as it directly impacts budgeting for admissions and preparation. For instance, prestigious business schools like Harvard University in the USA, INSEAD in Singapore, and London Business School in the UK require GMAT scores for admissions. 

As of 2025, the standard GMAT registration fee is $275 (approx. ₹24,000), which covers the test and sending scores to up to five business schools. Additional costs include rescheduling fees ($50–$150 / ₹4,400–₹13,200) and extra score reports ($35 / ₹3,000 per report).  

According to GMAC data, over 200,000 candidates take the GMAT annually, making early budgeting essential to avoid last-minute surprises. Knowing the fee structure also helps aspirants plan for preparation courses, study materials, and practice tests.  

By understanding the costs in USD and INR, candidates can budget effectively, reduce financial stress, and focus entirely on achieving a competitive score for top MBA programs globally. 

Also Check: GMAT Registration Guide: All You Need to Know 

GMAT Exam Fee 2025: How Much Does It Cost? 

The GMAT exam fee in 2025 depends on the mode of exam delivery and your location. As of the latest update, the cost is: 

• Test Center GMAT Exam Fee: $275 (approximately ₹23,000 in India). 
• Online GMAT Exam Fee: $300 (approximately ₹25,000 in India). 

The price remains the same everywhere, but the amount in INR changes because of the fluctuation of the exchange rate and the conversion fee of the bank. Applicants are advised to validate the up-to-date fee schedule on mba.com prior to making their test appointment. 

Other than the registration fee, students are expected to incur additional costs in rescheduling, cancellation, and sending additional score reports. These can really add up in terms of total cost to take the GMAT, and if you apply to multiple schools. 

What is the GMAT Exam Fee in India? 

For Indian test-takers, the GMAT exam fee in Indian Rupee for 2025 is as follows: 

• $275 (approx. ₹23,000) – when booked at a physical test center. 
• $300 (approx. ₹25,000) – when taken as the online version of GMAT. 

Since payment is processed in USD, the final fee charged in INR may be slightly higher depending on exchange rates and transaction charges by banks or credit card providers. 

Also Check: GMAT Syllabus 2025 – Verbal, Quant, Data Insights Topics, & Preparation Tips 

GMAT Exam 2025: Complete List of Additional Fees 

In addition to the regular GMAT exam fee for 2025, learners are likely to be charged for reserving, denying, or requesting a score report.  

This is the breakdown of USD along with an approximate INR value: 

GMAT Rescheduling Fees 2025 

Time Before Test Date	Test Center Fee	Online GMAT Fee
60+ days	$55 (≈ ₹4,600)	$60 (≈ ₹5,000)
15–60 days	$110 (≈ ₹9,200)	$120 (≈ ₹10,000)
14 days or less	$165 (≈ ₹13,700)	$180 (≈ ₹15,000)

GMAT Cancellation Fees 

• Cancelling more than 60 days before the test gives a partial refund (around 50%). 
• Cancelling between 15–60 days before reduces the refund amount. 
• Cancelling within 14 days usually gives no refund. 
• Refunds are processed in USD, so INR amounts depend on exchange rates. 

Score Report Fees 

• First 5 universities: Free if selected within 48 hours of the test. 
• Additional score reports: $35 (~₹2,900) per school. 
• Most schools accept electronic reports, which are faster than paper copies. 

How much does it cost to reschedule or cancel the GMAT exam? 

The expenses of rescheduling or canceling the GMAT vary according to the timing of the change. The earlier you reschedule, the lower the fee. Cancellation leads to a partial refund, and cancellation at the last minute might cause the loss of most of the exam fee. 

Is there a fee for sending GMAT scores to universities? 

Yes, while the first 5 schools are free (if chosen within 48 hours of the exam), any additional report costs $35 (~₹2,900). Since most universities accept electronic reports, candidates should plan carefully which schools to include to avoid extra charges. 

Must Check: GMAT Test Centers 2025 in India: Check Your Preferred City 

How to Pay the GMAT Exam Fee 

Purchasing the GMAT exam is easy, but one must understand the acceptable payment styles, regional limitations on payment, and additional costs. The Graduate Management Admission Council (GMAC) can accept payment either online or offline. 

Accepted Payment Methods 

• Credit/Debit Cards: Visa, MasterCard, American Express, Discover. 
• PayPal: Available only in select countries. 
• Bank Drafts, Cashier’s Checks, or Money Orders: Must be drawn on a US bank in USD. 
• Phone Payments: You can register over the phone, but it costs an extra $10 (~₹830) as a service fee. 

Step-by-Step Guide to Pay the GMAT Exam Fee  

1. Go to mba.com and create a GMAC account. 
2. Start your registration and select your preferred test type (test center or online). 
3. Choose your exam date and time slot. 
4. Enter your personal details (passport name, DOB, address). 
5. Select your payment method (card, PayPal, or bank draft). 
6. Review total fees (including reschedule/cancellation insurance if added). 
7. Make the payment in USD. 
8. Receive confirmation via email once payment is successful. 

Can I pay the GMAT exam fee in INR? 

No, you cannot directly pay in INR. GMAC processes all payments in USD only. For Indian candidates: 

• Banks or credit card companies automatically convert INR → USD. 
• Expect a small foreign transaction fee (1–3%) depending on your bank. 
• Example: The $275 fee may appear as ~₹23,000–₹23,500 depending on the exchange rate and charges. 

What happens if my GMAT exam fee payment fails? 

If your payment fails, your GMAT booking will not be confirmed. In this case: 

• Retry with another credit/debit card. 
• Make sure international transactions are enabled. 
• Check for sufficient credit limit or funds. 
• Contact GMAT Customer Service if the issue persists. 
• Do not wait too long; test slots may get filled if payment delays occur. 

Register for the GMAT hassle-free and plan your test efficiently with upGrad’s GMAT Registration Guide.

GMAT Exam Fee Waivers & Vouchers 

It is also expensive to take the GMAT exam, particularly to students in countries where the dollar to a local currency transfer is more costly. GMAC, which administers the GMAT, has come up with fee waivers to make this test more affordable.  

However, the important point is that you cannot apply directly to GMAC. Rather, participation waivers are disseminated by participating universities and business schools. 

Key Highlights of GMAT Fee Waivers 

• No direct student applications: Only schools can request fee waivers on behalf of students. 
• University nomination limit: Each school can nominate up to 10 students per year for a waiver. 
• Voucher-based system: Once approved, students receive a voucher code to register for the exam at no cost. 
• Scholarship-linked coverage: In some cases, universities include GMAT registration fees as part of their scholarships or financial aid packages. 
• Complete cost coverage: A full waiver means you don’t pay the $275–$300 exam fee (₹23,000–₹25,000 approx.). 

How Can I Apply for a GMAT Exam Fee Waiver? 

If you are aiming to save on costs, here’s the process: 

1. Check eligibility with your university: Contact your admissions, placement, or scholarship office to ask if they participate in the GMAC fee waiver program. 
2. Get nominated: If eligible, your university will recommend you for a waiver (remember, only 10 students per year per school). 
3. Receive the voucher: Once approved, you’ll get a GMAT fee waiver voucher code. 
4. Use it during registration: Enter the voucher code at checkout on mba.com to pay zero exam fees. 

How Much Can You Save with a GMAT Fee Waiver? 

Below is the table highlighting the fee with or without a waiver:  

Fee Type	Without Waiver	With Waiver
GMAT Test Center Fee	$275 (~₹23,000)	$0
GMAT Online Fee	$300 (~₹25,000)	$0
Additional Costs	Payable by the student	May be covered by scholarships (varies)

Explore scholarship opportunities and reduce your GMAT exam costs with upGrad’s GMAT Scholarships Guide. 

Troubleshooting GMAT Exam Fee Payments 

Missed payments cancel out your booking, so it is critical to use a secure option and save transaction records. It is wise to be sure of the manner you are paying, that is, turn on international usage and save confirmation messages. 

In a case where you miss the deadline for applying, do not hesitate to have the GMAT support team contact you as soon as possible to see how they can accommodate you. 

Who do I contact if I face issues with my GMAT exam fee payment? 

If your payment doesn't go through, reach out to GMAT Candidate Services in your region.  

Here is the official contact breakdown: 

Region	Phone Number	Hours
Americas	+1 (800) 717-GMAT / +1 952 681-3680	Mon–Fri, 7 am – 7 pm CST
Asia & Pacific (incl. India)	India: +91 120 439 7830	Local time, weekdays
Europe / Middle East / Africa	+44 (0) 161 855 7219	Mon–Fri, 9 am – 6 pm GMT

Also available via email: 

• Americas: GMATCandidateServicesAmericas@Pearson.com  
• EMEA: GMATCandidateServicesEMEA@Pearson.com  
• Asia Pacific: GMATCandidateServicesAPAC@Pearson.com  

Tips to Save on GMAT Exam Fee and Extra Costs 

The process of preparing to take the GMAT does not only involve preparing for the exam, but also doing so economically. Although the registration fee is standardized, you can save money on other expenses through a number of tactics. 

• Plan your test date early: Avoid last-minute rescheduling or cancellations, which can cost up to $180 (~₹15,000). 
• Use the free score reports wisely: You get 5 free reports if you select schools within 48 hours of your exam. Extra reports cost $35 (~₹2,900) each. 
• Check for university fee waivers: Some schools cover the GMAT fee for shortlisted students as part of scholarships. 
• Avoid phone registration: Booking by phone adds $10 (~₹830). Register online instead. 
• Use a credit card with low forex markup: Since the fee is charged in USD, the right card can save 1–3% in conversion fees. 
• Schedule during stable periods: Pick a date you’re confident about to minimize rescheduling risk. 
• Prepare thoroughly before booking: Taking the test once, instead of retakes, is the best way to save. 

Also Read: How to Prepare for GMAT at Home 

Conclusion  

The GMAT exam fee in 2025 is $275 (₹25,000) online. On top of this, you should account for extra charges like rescheduling ($55–$180), cancellations ($110–$165), and additional score reports ($35 each). These small but important costs can add up quickly if you don’t plan. 

You can save by scheduling your test with confidence, taking advantage of the five free score reports and seeing whether your college or university has a GMAT fee waiver. Always check the exact GMAT exam fee and any additional fee to plan your budget effectively. Ensure you understand the GMAT exam form fees and GMAT exam registration fees for rescheduling or sending extra score reports. Don’t think of it as just a test fee, but rather as an investment in accessing top international MBA programs. Being aware of all GMAT exam fees guarantees you don’t waste money and helps you focus entirely on achieving a competitive GMAT score. 

Want personalized help? Book a 1:1 consultation with our team to plan your prep, shortlist schools, or decide the best time to take the exam.