1) GMAT test takers can now cancel at no additional costs at the test center.
2) The “C” that represents a candidate’s cancelled scores will not be shown on any future GMAT score reports
3) You can also cancel your score within 72 hours after you complete the exam.
This provides Greater Flexibility in Retaking the GMAT Exam
4) For added convenience, you can also reinstate your cancelled GMAT scores online if the exam date is on or after January 1, 2014, up to four years and 11 months after the exam date. After your GMAT score is reinstated, a score report will automatically be sent to the schools you selected on the day of your exam. Cancelled scores will not appear on any GMAT score report sent to schools. If you cancel your score, no one will know but you.
New Cancel/Reinstate Policy Features and Fees
Pic Credits: mba.com