Hey Aegis,
I apologize if this misses you before your test today! Because schools really only care about your top score, I think there's incredibly little downside to picking those five schools and sending them for free and some very tangible ($125) downside to not doing so.
Schools only value your top score except for in pretty rare circumstances. Say you scored 400 on 4-5 straight exams, then finally hit 650, that might be a concern (why didn't you figure out earlier that you needed to change your style?) but the standard fear (what if I bomb it and need to take it again?) isn't much of a concern at all. The GMAT is an easy test to underestimate; many students, for example, take multiple professional exams (GMAT, LSAT, GRE) late in their undergraduate careers just to know that they have the options; should that student who takes the test and fails to study properly be punished 3 years later for having taken that advice in college? Schools just want top candidates, and there are plenty of good reasons for even a couple bad scores.
So the downside of sending those scores is minimal if anything at all. The upside, in addition to saving money (and I have absolutely no evidence to support that this actually happens or even could, but if I'm an admissions officer at a BUSINESS school I'd question the business savvy of anyone who willingly signs on to pay an extra $125 for score reports they could have gotten for free) I think that sending your score projects confidence. If you go into the test thinking "I'm planning to do well and want my schools to know right away", that's a positive frame of mind that should help you. If you're already planning for failure by keeping your scores confidential, you may be a step behind before you even get started.
Good luck today!
Brian Galvin
GMAT Instructor
Chief Academic Officer
Veritas Prep
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