Program helps applicants who can't afford the standard $250 fee

The Graduate Management Admission Council (GMAC) has announced plans to offer a fee waiver program for its GMAT test.

The program is intended to help disadvantaged business school applicants whose financial situation prevents them from ponying up the standard $250 fee.

According to the GMAC website, the program will be made available to a limited number of applicants. Applicants must request the waiver through the business school they are applying to, and not directly through GMAC. The waiver can be applied to retakes.

For more information, please see the GMAC website.

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