GMAT Reschedule & Refund Fee: How to Reschedule or Cancel GMAT?

Rescheduling your GMAT exam is sometimes unavoidable due to study changes or personal commitments. The process is simple through the official GMAT website or mobile app. Before making any changes, understand the deadlines and the GMAT reschedule fee. The closer you are to the test date, the higher the fee becomes. To avoid extra costs, reschedule as early as possible and review the steps and policies explained below.

Key Highlights:

  • GMAT reschedule fee ranges from $55 - $180, depending on how far in advance you make the change.  
  • The GMAT exam should be rescheduled at least 24 hours before your exam to avoid penalties.
  • The GMAT rescheduling fee increases as the exam date approaches, so plan ahead to save costs.

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GMAT Reschedule Fee

GMAT reschedule fees are based on a 3-tiered system, which is determined by how far in advance you are rescheduling your exam. These fees increase as the exam date approaches. It’s important to reschedule as early as possible to save on costs.

Here is a breakdown of the GMAT rescheduling fees based on the timing of the change:

Tier

Time Before Exam Date

Reschedule Fee

Tier 1

60+ days before the exam

INR 4,100

Tier 2

15–60 days before the exam

INR 8,200

Tier 3

0–14 days before the exam

INR 12,300

How to Reschedule the GMAT Exam?

To reschedule your GMAT exam, you need to follow a few steps through the official GMAT website or mobile app. Make sure you're aware of the specific deadlines and rescheduling fees that vary depending on how much time you give before rescheduling.

Step 1: Log into Your GMAT Account: Begin by logging into your GMAT account on the official GMAT website (www.mba.com). Use your registered email and password to access your profile.

Step 2: Navigate to Your Upcoming Exam: Once you're logged in, go to the "Upcoming Appointments" section under your account dashboard. Locate the exam you want to reschedule and click on it.

Step 3: Choose the Reschedule Option: After selecting the exam, find and click on the "Reschedule" button, which is usually located at the bottom of your exam details page.

Step 4: Select Your GMAT Exam Date: You’ll then see a list of available dates. Choose a new date for your exam that fits your schedule. The list of available dates will depend on your selected test centre's availability.

Step 5: Review and Confirm Your New Date: Check the details of the rescheduled exam, including the new date and location. You’ll also see a summary that includes the rescheduling fee, which may vary based on how far in advance you reschedule.

Step 6: Pay the Reschedule Fee (if applicable): Depending on the timing of your reschedule, you may need to pay a fee. The cost will depend on how close to the exam date you are rescheduling. Make the payment through the available payment methods.

Step 7: Confirm Your Reschedule:  After completing the payment, confirm the new exam date. You will receive a confirmation email with all the details of your rescheduled exam.

GMAT Reschedule Policy 

When rescheduling your GMAT exam in India, the reschedule fees are structured in tiers depending on how far in advance you make the change. The closer you are to the exam date, the higher the fee. 

Rescheduling Deadline: You must reschedule your GMAT exam at least 24 hours before your scheduled exam time.

Cancellation Policy: If you decide to cancel your exam, the cancellation fees are as follows:

  • 60+ days before the exam: ₹4,100
  • 15–60 days before the exam: ₹8,200
  • 0–14 days before the exam: ₹12,300

Changing Test Centres: The same reschedule fee applies if you decide to change the test centre.

Refund Policy: No refunds are available if you cancel your GMAT exam. You only get the option to reschedule.

 

How to Cancel the GMAT Exam? 

If you are not interested in pursuing an MBA degree for which the GMAT exam is required, then the GMAT test cancellation policy allows you to cancel your appointment for the GMAT.

Follow these 3 quick steps to cancel the GMAT exam:

Step 1: Log in to your official mba.com account with your username and password. 

Step 2: Go to the ‘My Account’ section and click on the ‘Exam’ option. Select the GMAT exam you want to cancel. Two options will be visible: reschedule and cancel. Click on the “Cancel” option. 

Step 3: Click on the ‘confirm cancellation’ button to cancel your GMAT exam.

GMAT Cancellation Fees

The GMAT exam cancellation fee in India is based on a tiered system, which depends on how much time remains before your scheduled exam date. The cancellation fee increases as the exam date approaches, so it’s advisable to cancel as early as possible to minimise the cost. The cancellation fee is charged in INR, and the amount varies based on the tier you fall into.

Here is a breakdown of the GMAT exam cancellation fees based on the timing of your 

Tier

Time Before Exam Date

Cancellation Fee

Tier 1

60+ days before the exam

INR 3,200

Tier 2

15–60 days before the exam

INR 6,400

Tier 3

0–14 days before the exam

INR 9,600

Can B-Schools See Cancelled GMAT Scores?

No, B-schools do not have access to your cancelled GMAT scores. When you cancel your GMAT score, it is completely removed from your GMAT record and is not reported to any schools or institutions.

If you cancel your score immediately after taking the exam (before viewing the results), it will not be sent to any schools. If you decide to cancel after viewing your score, the cancelled score still will not be sent to schools, but you may have the option to reinstate the score within a certain period (usually within 4 years of taking the exam).

While schools won’t be able to see that a score was canceled, they will only have access to the scores that you officially report to them. Therefore, you can choose whether or not to send your score to schools if you feel it doesn't represent your abilities. It's important to carefully consider when to cancel your score, as it can affect your overall GMAT strategy.

From the Desk of Yocket

Rescheduling your GMAT exam can be an important decision in your preparation process. It’s good to consider the timing carefully, as last-minute changes can be costly. Planning ahead and rescheduling well in advance will not only help you avoid high fees but also give you ample time to better prepare for the exam.

If you’re adjusting your timeline, be sure to focus on your preparation during this extra time. With the right study tools and guidance from Yocket Prep, you can make the most of your rescheduled exam date. Preparing effectively will help ensure that you perform your best when the day finally arrives.

Frequently Asked Questions on How To Reschedule or Cancel GMAT Exam

What are the GMAT test fees?

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The GMAT registration fees for different regions are as follows -  1. US - $275  2. UK - £225  3. Europe, Asia - $250

How much does it cost to reschedule GMAT?

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The GMAT reschedule fees are as follows -  1. 60 days or more before the test date - $50 2. 15-60 days before the test date - $100 3. 14 days or less before the test date - $150

What are the GMAT cancellation fees?

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The GMAT cancellation fees are as follows - 1. 60 days or more before the test date - $150 2. 15-60 days before the test date - $175 3. 14 days or less before the test date - $200

What happens to the GMAT test fees if one does not take the exam?

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If a student does not appear for the GMAT on their test date, the registration fee along with the GMAT reschedule fee (if applicable) will be forfeited.

How many times can the GMAT test date be rescheduled? 

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Test-takers can reschedule their GMAT test date multiple times as long as the rescheduled date is within 6 months from the original test date.
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