Any person having made application for a barber license shall be qualified to receive such license to practice as a barber provided he or she satisfies all of the following:
(1) Is qualified under Section 45-49-40.04.
(2) Has practiced as an apprentice barber for a period of 18 months on a full-time basis under the immediate personal supervision of a licensed barber.
(3) Has passed a satisfactory examination conducted by the board to determine his or her fitness to practice barbering.
(4) Has paid the required fee specified in this part.