As part of the pricing plan approved by the GMAC® Board of Directors in December 2003, the cost of taking the GMAT® will increase from U.S. $225 to U.S. $250 beginning January 1, 2005.
The price of taking the GMAT® exam will increase by U.S. $25 to U.S. $250, beginning January 1, 2005. The price of auxiliary GMAT® services, such as Additional Score Reports and test rescheduling, will not change as part of the price increase.
The increase was approved by the GMAC® Board of Directors in December 2003 to take into account the rising costs of test security and test delivery at more locations throughout the world.
GMAC® thoroughly investigated the possible effect on test takers of the coming price increase, looking specifically at whether the higher price would be a deterrent to test taking, particularly in developing countries. We found that the price of the test would not exceed 2% of the total cost of graduate management education, and that the price increase would therefore not place an undue burden on test takers.
Questions? Comments? We want to hear from you. Please email us at gmatoperations@gmac.com.
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