A license to operate a barber school shall be issued, renewed, or restored to any person who can show that such school:

(1) Provides a course of study as prescribed by the board for basic barbering practice;

(2) Provides a course of study as prescribed by the board for the training of barber teachers;

(3) Possesses the equipment necessary for the teaching of all courses in the curriculum prescribed by the board;

(4) Is at all times under the constant and direct supervision of a licensed barber teacher;

(5) Employs only those barber teachers who are licensed by the board;

(6) Provides at least one barber teacher for each 20 students enrolled;

(7) Keeps a current and accurate record of each student's progress, establishes grades, and holds examinations before issuing diplomas;

(8) Keeps permanently and conspicuously displayed a sign which informs the public that a barber school is being operated on the premises, which sign shall display the words "Service by Students Only";

(9) Requires all teachers while on the school premises to confine their work to instruction and research in the field of barbering. In no event shall a teacher or other person be allowed to practice barbering while on the school premises except for the purpose of demonstration to students;

(10) Allows no student to render barbering services to a patron of the school until he has completed a prescribed minimum number of hours in theory and practical work and in no instance allows its students to collect a fee or other compensation for such services; and

(11) Has at least ten student applications for enrollment in the basic course of barbering, provided that such students shall not have been enrolled in a licensed barber school within nine months immediately preceding application for a license to operate a barber school.