{"id":24682,"date":"2020-10-21T14:13:00","date_gmt":"2020-10-21T08:43:00","guid":{"rendered":"https:\/\/e-gmat.com\/blogs\/?p=24682"},"modified":"2022-11-29T16:34:40","modified_gmt":"2022-11-29T11:04:40","slug":"gmat-fee-waiver","status":"publish","type":"post","link":"https:\/\/e-gmat.com\/blogs\/gmat-fee-waiver\/","title":{"rendered":"GMAT fee waiver &#8211; How to take the GMAT for free?"},"content":{"rendered":"<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">A <\/span> <span class=\"rt-time\">5<\/span> <span class=\"rt-label rt-postfix\">min read <\/span><\/span>\n<p>It must be relieving for GMAT test-takers that GMAC (the company that owns the GMAT test) offers GMAT fee waiver to financially underprivileged students.<\/p>\n\n\n\n<p>Let\u2019s face it. The cost of attending a business school is not affordable for everyone. Students have to shell out money even before getting selected for any MBA program. Because the <a href=\"https:\/\/e-gmat.com\/blogs\/gmat-fee-how-much-does-the-gmat-cost\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">cost of taking a GMAT test<\/a> is $275, and the applicants have to pay this sum every time they take the test.<\/p>\n\n\n\n<p>But the students who come from financially underprivileged backgrounds can avail the option of GMAT fee waiver to lessen their burden.<\/p>\n\n\n\n<p>In this article, we are going to present facts related to the GMAT fee waiver, who can avail the waiver, and how can one avail it.<\/p>\n\n\n\n<p>Here is an outline of this article:<\/p>\n\n\n\n<ul><li><a href=\"#what\">What do we mean by GMAT fee waiver?<\/a><\/li><li><a href=\"#who\">Who can apply for a GMAT fee waiver?<\/a><\/li><li><a href=\"#where\">Where can you apply for the fee waiver?<\/a><\/li><li><a href=\"#how\">How can you know if your school has a policy for GMAT fee waiver?<\/a><\/li><li><a href=\"#how2\">How much fee waiver can you avail?<\/a><\/li><li><a href=\"#can\">Can a student, retaking the GMAT, avail fee waiver?<\/a><\/li><li><a href=\"#instructions\">Instructions for schools requesting for GMAT fee waiver<\/a><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img loading=\"lazy\" width=\"300\" height=\"113\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-300x113.jpg\" alt=\"GMAT fee waiver - how to get one\" class=\"wp-image-24683\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-300x113.jpg 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-768x289.jpg 768w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver.jpg 942w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><strong>If you are planning to take the GMAT, we can help you with a <a href=\"https:\/\/resources.e-gmat.com\/create-study-plan\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">personalized study plan<\/a> and give you access to quality online content to prepare.\u00a0Write to us at\u00a0acethegmat@e-gmat.com. We are the\u00a0most reviewed GMAT prep company on GMAT club\u00a0with more than <a href=\"https:\/\/gmatclub.com\/reviews\/e-gmat-6\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">2400 reviews\u00a0<\/a>and are the only prep company that has delivered\u00a0more than 700+ scores than any other GMAT club partner.\u00a0Why don\u2019t you take a <a href=\"https:\/\/resources.e-gmat.com\/sign-up-free-trial\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">free trial<\/a> and judge for yourself?<\/strong><\/p><\/blockquote>\n\n\n<div class=\"ub-buttons align-button-center\"  id=\"ub-button-be75f8e0-1f7f-4a4f-bf30-a3e2bcf28cc9\"><div class=\"ub-button-container\">\n    <a href=\"https:\/\/resources.e-gmat.com\/sign-up-free-trial\" target=\"_blank\" rel=\"noopener noreferrer external\" class=\"ub-button-block-main ub-button-medium\" role=\"button\" data-wpel-link=\"external\">\n    <div class=\"ub-button-content-holder\"><span class=\"ub-button-icon-holder\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\"height=\"30\", width=\"30\"viewBox=\"0, 0, 512, 512\"><path fill=\"currentColor\" d=\"M256 0C114.6 0 0 114.6 0 256c0 141.4 114.6 256 256 256s256-114.6 256-256C512 114.6 397.4 0 256 0zM406.6 278.6l-103.1 103.1c-12.5 12.5-32.75 12.5-45.25 0s-12.5-32.75 0-45.25L306.8 288H128C110.3 288 96 273.7 96 256s14.31-32 32-32h178.8l-49.38-49.38c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0l103.1 103.1C414.6 241.3 416 251.1 416 256C416 260.9 414.6 270.7 406.6 278.6z\"><\/svg><\/span><span class=\"ub-button-block-btn\">Get free prep resources<\/span>\n    <\/div><\/a><\/div><div class=\"ub-button-container\">\n    <a href=\"https:\/\/resources.e-gmat.com\/create-study-plan\" target=\"_blank\" rel=\"noopener noreferrer external\" class=\"ub-button-block-main ub-button-medium\" role=\"button\" data-wpel-link=\"external\">\n    <div class=\"ub-button-content-holder\"><span class=\"ub-button-icon-holder\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\"height=\"30\", width=\"30\"viewBox=\"0, 0, 448, 512\"><path fill=\"currentColor\" d=\"M246.6 233.4l-160-160c-12.5-12.5-32.75-12.5-45.25 0s-12.5 32.75 0 45.25L178.8 256l-137.4 137.4c-12.5 12.5-12.5 32.75 0 45.25C47.63 444.9 55.81 448 64 448s16.38-3.125 22.62-9.375l160-160C259.1 266.1 259.1 245.9 246.6 233.4zM438.6 233.4l-160-160c-12.5-12.5-32.75-12.5-45.25 0s-12.5 32.75 0 45.25L370.8 256l-137.4 137.4c-12.5 12.5-12.5 32.75 0 45.25C239.6 444.9 247.8 448 256 448s16.38-3.125 22.62-9.375l160-160C451.1 266.1 451.1 245.9 438.6 233.4z\"><\/svg><\/span><span class=\"ub-button-block-btn\">Create your own PSP<\/span>\n    <\/div><\/a><\/div><\/div>\n\n\n<h2 id=\"what\">What do we mean by GMAT fee waiver?<\/h2>\n\n\n\n<p>The cost of registering for the GMAT is $275, and you will be required to pay this fee every time you decide to take the test.<\/p>\n\n\n\n<p>But not everyone who takes the GMAT is a working professional (or has worked in the past), and the GMAT fee of $275 can be a huge burden for them.<\/p>\n\n\n\n<p>Since this cost comes into the picture before you are sure about getting selected to your desired MBA program, you may want to look for options to lessen the burden.<\/p>\n\n\n\n<p>The GMAC can help you overcome this challenge by offering to reduce or waive off your GMAT registration fee.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><a href=\"https:\/\/e-gmat.com\/blogs\/how-to-register-for-gmat-7-steps-gmat-registration-process\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Here is how you can register for the GMAT in 7 steps<\/a><\/p><\/blockquote>\n\n\n\n<h2 id=\"who\">Who can apply for a GMAT fee waiver?<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img loading=\"lazy\" width=\"300\" height=\"258\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-qualifying-criteria-300x258.jpg\" alt=\"Who can apply for GMAT fee waiver\" class=\"wp-image-24684\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-qualifying-criteria-300x258.jpg 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-qualifying-criteria.jpg 759w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p><strong>Everyone can apply for a GMAT fee waiver.<\/strong><\/p>\n\n\n\n<p>However,<strong> the applicants cannot directly apply for this waiver.<\/strong> Instead, GMAC leaves it up to the schools (undergrad schools\/business schools) to request for test fee waiver for their students.<\/p>\n\n\n\n<p>GMAC allows the schools to choose which applicant is eligible for fee waiver or reduction. <strong>The schools are allowed to apply for 10 fee waivers in a period of 12 months.<\/strong><\/p>\n\n\n\n<p>GMAC encourages the schools to select those students for a test fee waiver who can overcome financial difficulty through it.<\/p>\n\n\n\n<p>Also, GMAC allows the schools to decide their own criteria to define the financial need of its students. This means, if you wish to avail a fee waiver, you will have to prove your financial shortcoming to your school.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><a href=\"https:\/\/e-gmat.com\/blogs\/how-much-does-mba-cost-tips-reduce-mba-cost\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">You may also want to check out our article on how much does an MBA cost and how to make it pocket-friendly<\/a><\/p><\/blockquote>\n\n\n\n<h2 id=\"where\">Where can you apply for the GMAT fee waiver?<\/h2>\n\n\n\n<p>There are two ways you can apply for the waiver:<\/p>\n\n\n\n<ul><li><strong>Through your undergraduate school<\/strong><\/li><li><strong>Through the MBA program, you have applied for (business school)<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img loading=\"lazy\" width=\"300\" height=\"175\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-Application-300x175.jpg\" alt=\"Where to apply for GMAT fee waiver\" class=\"wp-image-24685\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-Application-300x175.jpg 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-Application-768x447.jpg 768w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-Application.jpg 891w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p>But, before you apply for a fee waiver through any of these sources, you need to confirm with your school\u2019s financial aid department if they offer a GMAT fee waiver.<\/p>\n\n\n\n<p><strong>Our advice<\/strong>: If you are still in the final years of your under-graduation or are a recent alum (graduated within the last two years), you must first seek help from your undergrad institution.<\/p>\n\n\n\n<p>If your undergrad institution doesn&#8217;t have a policy for the test fee waiver, you need to check with the MBA programs to which you are going to apply.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><a href=\"https:\/\/e-gmat.com\/blogs\/mba-scholarships-2019-good-gmat-score\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Here is how you can get a scholarship to study at your target business school.<\/a><\/p><p><a href=\"https:\/\/e-gmat.com\/blogs\/gmat-740-mba-scholarships-worth-180000-dollars-admit-to-kellogg-success-story\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Learn from Prawee how she managed to get scholraships worth $180,000 from 4 top US business schools.<\/a><\/p><\/blockquote>\n\n\n\n<h2 id=\"how\">How can you know if your school has a policy for GMAT fee waiver?<\/h2>\n\n\n\n<p>Unfortunately, there isn&#8217;t any list for the colleges that offer a fee waiver. You can visit your school\u2019s financial aid website or office to make a statement regarding the fee waive-off personally. This way, you can personally justify your need for the fee waiver to your financial aid counselor.<\/p>\n\n\n\n<p><strong>Our advice<\/strong>: Since GMAC allows only 10 GMAT fee waivers to one school in a period of 12 months, you need to reach out to your financial aid counselor as early as possible.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>Do you know even business schools give you application fee waivers? <a href=\"https:\/\/e-gmat.com\/blogs\/mba-application-fees-of-top-business-schools-application-fee-waivers\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Here are the 8 ways in which you can apply to business schools for free<\/a><\/p><\/blockquote>\n\n\n\n<h2 id=\"how2\">How much fee waiver can you avail?<\/h2>\n\n\n\n<p>Your school is not only going to decide if you are eligible for the test fee waiver; they are also going to determine what amount of fee waiver or reduction you qualify for.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img loading=\"lazy\" width=\"300\" height=\"143\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-amount-300x143.jpg\" alt=\"GMAT fee waiver amount\" class=\"wp-image-24686\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-amount-300x143.jpg 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-amount-768x365.jpg 768w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver-amount.jpg 989w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p>Therefore, you will have to provide your school with your financial need statement, justifying your economic condition, why you cannot afford the GMAT test fee, and your need for the fee waiver.<\/p>\n\n\n\n<h2 id=\"can\">Can a student, retaking the GMAT, avail a fee waiver?<\/h2>\n\n\n\n<p>According to <a href=\"https:\/\/www.gmac.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">GMAC<\/a>, the school can decide to give a test fee waiver to the students retaking the GMAT, if they believe him\/her to be economically disadvantaged.<\/p>\n\n\n\n<h2 id=\"instructions\">Instructions for schools requesting for GMAT fee waiver<\/h2>\n\n\n\n<ul><li>One school can apply for a maximum 10 fee waivers for its students in 12 months.<\/li><li>The school needs to fill-up a form with information related to the number of fee waivers requested, and their definition of the process used to determine the student\u2019s eligibility for fee waivers.<\/li><li>The test fee waivers can be requested only by authorities in the Directors or similar position.<\/li><li>The school is going to receive the fee waiver codes through the mail. It is their responsibility to provide the concerned students with the codes.<\/li><li>The students can use the fee waiver codes at the time of registering for their GMAT test appointment through <a href=\"https:\/\/www.mba.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">mba.com<\/a>.<\/li><\/ul>\n\n\n\n<p><strong>Note<\/strong>: <em>The fee waiver codes provided by GMAC have expiration dates. They are intended to be used before they expire.<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>We can help you prepare for the GMAT through our high-quality online content. We are the <a href=\"https:\/\/gmatclub.com\/reviews\/e-gmat-6\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">most reviewed GMAT prep company on gmatclub<\/a> with more than 1958 reviews. <a href=\"https:\/\/e-gmat.com\/ft-gmat-prep\/?channel=blogsin_article&amp;utm_source=blogs&amp;utm_medium=in_article&amp;utm_campaign=free_trial&amp;utm_content=about_the_gmat&amp;utm_term=blogs_in_article\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">Take a free trial<\/a> and judge for yourself.<\/p><\/blockquote>\n\n\n<div class=\"ub-buttons align-button-center\"  id=\"ub-button-12045ac3-748f-49dc-bfca-7dc1249dc679\"><div class=\"ub-button-container\">\n    <a href=\"https:\/\/resources.e-gmat.com\/sign-up-free-trial\" target=\"_blank\" rel=\"noopener noreferrer external\" class=\"ub-button-block-main ub-button-medium\" role=\"button\" data-wpel-link=\"external\">\n    <div class=\"ub-button-content-holder\"><span class=\"ub-button-icon-holder\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\"height=\"30\", width=\"30\"viewBox=\"0, 0, 512, 512\"><path fill=\"currentColor\" d=\"M256 0C114.6 0 0 114.6 0 256c0 141.4 114.6 256 256 256s256-114.6 256-256C512 114.6 397.4 0 256 0zM406.6 278.6l-103.1 103.1c-12.5 12.5-32.75 12.5-45.25 0s-12.5-32.75 0-45.25L306.8 288H128C110.3 288 96 273.7 96 256s14.31-32 32-32h178.8l-49.38-49.38c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0l103.1 103.1C414.6 241.3 416 251.1 416 256C416 260.9 414.6 270.7 406.6 278.6z\"><\/svg><\/span><span class=\"ub-button-block-btn\">Get free prep resources<\/span>\n    <\/div><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>It must be relieving for GMAT test-takers that GMAC (the company that owns the GMAT test) offers GMAT fee waiver to financially underprivileged students. Let\u2019s face it. The cost of attending a business school is not affordable for everyone. Students have to shell out money even before getting selected for any MBA program. Because the [&hellip;]<\/p>\n","protected":false},"author":102419,"featured_media":24683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ub_ctt_via":""},"categories":[11696,92],"tags":[],"featured_image_src":"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/09\/GMAT-fee-waiver.jpg","author_info":{"display_name":"Atul Sharma","author_link":"https:\/\/e-gmat.com\/blogs\/author\/atul-sharma\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.1.1 (Yoast SEO v17.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GMAT fee waiver - How to take the GMAT for free?<\/title>\n<meta name=\"description\" content=\"Get details about GMAT fee waiver. 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