This study examined the relationship of the Graduate Record Examination (GRE) waiver, first year Grade Point Average (GPA), and demographics on the master’s population at Florida State University. The first research question asked if there were a statistically significant difference between master’s student’s waiver status and the demographics of age, veteran status, residency, race ethnicity, gender, and academic standing using chi square and binomial logistic regressions. Research question two asked if there were a statistically significant difference between master’s student’s waiver status by college and first year Grade Point Average (GPA). Research question one found that the results were statistically significant for the variables of residency and race ethnicity. Research question two found that the results were statistically significant for the College of Music, Social Work, and Social Sciences & Public Policy. In terms of academic performance, this study demonstrates that Florida State University does not risk missing their Performance-based Funding metrics due to GPA changes. Florida State University also saw positive demographic changes due to the GRE waiver and this study makes the case that changing this policy helped better serve the citizens of Florida. Further, the GRE waiver increased access for Florida residents, and possibly influenced many students to apply. The findings of this study may benefit other State of Florida Universities and other graduate institutions that are considering waiving the GRE to increase access to students.