The Graduate Record Examination is a standardized test that acts as an admission prerequisite for most graduate schools in the Unites States. The GRE revised General Test is accepted at many of the graduate and business schools as well. It is a computer based test and is conducted on continuous basis throughout the year. In areas of the world where computer-based testing is not available, the test is administered in a paper-based format up to three times a year in October, November and February. The GRE scores are good up till five years of taking the examination.
The GRE went under momentous changes in August 2011, which resulted in the exam being adaptive on a question by question basis but one by section, such that the performance of the verbal and mathematics section determines the difficulty of the second sections presented. The scoring scale has also been brought down from the 200 to 800 scale to a 130 to 170 scale. Financial aid is provided to GRE applicants who prove economic hardship. Other than that the fee for the examination is US $ 185.