So I'm scheduled to take the GMAT in less than a week. If I had the choice, I would push it off and pay the $50 reschedule fee. Unfortunately, since I didn't reschedule sooner, I will have to eat the $250 registration fee.

Is it worth taking the GMAT knowing that I will prob score under 600 and giving it a try - just to see what happens (all of my practice scores have been in the 550-640 range)?

Or should I just cancel the test date, cut my losses and lose the $250 and reschedule once I start to score in the upper 600 range?

I know that you can retake the GMAT and schools will consider your highest score, so intuitively I think I should take it. At the same time, I'd rather not have a low score act as a blemish on my GMAT record.

Also, part of my confusion lies in what others have done in the past when they cancel their scores - to me why bother taking it in the first place? Is it just to experience the test center? Or did you freak out during the exam and didnt want others to see your results?

When ppl cancel scores, if you retake it the GMAT, shouldn't schools take the highest score - in that case, why cancel? Bit confused on people's motivations and reasons to cancel scores...which in turn has confused me about what I should do...

Please advise.