The Graduate Management Admission Council (GMAC) is committed to creating and promoting access to management education for people throughout the world. In keeping with this commitment, we believe that the cost of the GMAT exam should not preclude an individual’s opportunity to apply to business school. Consequently, GMAC is underwriting a GMAT Fee Waiver Program for economically disadvantaged candidates.
GMAC does not provide fee waivers directly to test takers. Upon request, fee waivers are provided to schools approved to receive GMAT scores. Availing these fee waivers, schools will have an opportunity to extend access where they see a need. GMAC offer schools up to 10 fee waivers every year to use at their discretion as part of a program or otherwise to help economically disadvantaged test takers. Additional fee waivers may be available upon request.
Schools can request fee waivers by sending an email to feewaivers@gmac.com with the following information:
- Name of the institution and school
- Number of fee waivers requested
- A brief summary of the nature of the outreach program, if applicable, or the method for determining eligibility for underserved economically disadvantaged candidates
Schools will receive the requested fee waiver codes via a secured email. Test takers can then use the fee waiver code when they register for their GMAT appointment, either online at mba.com or by calling GMAT Customer Service in their region. Each fee waiver code is good for the entire GMAT fee and must be used by the expiration date.