If you are a University of Chicago current student or graduate, you may be eligible for a GMAT/GRE waiver if you have a 3.5 GPA in at least four (4) 200- to 400-level BUSN classes and have no BUSN grades lower than a C+. Outside of the above circumstance, we do not waive our GMAT or GRE requirement for any reason. Additionally, we do not participate in GMAT or GRE fee waiver programs. The GMAT score is valid if the test was taken less than five years before the date of your application submission. The test date for a valid score makes no difference in the assessment of an application.