[/quote]
Hello,
roberttasker1. Both scores are in the same ballpark, but the IR and AWA are not really held in as high regard as the total score. A 740 with a near-perfect IR is better than a 730 with those other scores. To answer the latter two questions, I would make your top 5 schools aware of your new score if there is an update option available; I would not send the 730 to your backup schools. You have already put your best foot forward on that front.
Good luck.
- Andrew[/quote]
Thank you all for the helpful responses! Considering I already accepted the 730, do I just need to send the 740 to the schools as well, or is there a formal process for changing my GMAT submissions?