| (1) For purposes of this subsection, a student is affiliated
with the approved provider where the student took his or her last
qualifying course. The Commission will not count the student in calculating
the approved provider's exam pass rate if the student's last qualifying
course was taken more than two years before the date the approved
provider or student submitted the course to the Commission.
(2) The exam passage rate of approved providers for
each category of license will be calculated on a quarterly basis by
dividing the number of students affiliated with that approved provider,
who passed the examination on their first attempt in the four-year
period ending on the last day of the previous quarter, by the total
number of the approved provider's graduates who took the exam for
the first time during that same period.
(3) If an approved provider offers courses to multiple
license categories, the exam results for that approved provider will
be calculated by license category. The passage rate for each license
category that will be used to determine whether the approved provider
has met or exceeded the established benchmark for the license category
is the most current rate published by the Commission as of the date
the Commission receives the timely application for renewal or, if
the approval expired before being renewed, the most recent rate published
by the Commission as of the expiration date of that provider's approval.
(4) Providers who do not meet the established benchmark
for a license category may be denied renewal for that license category
or placed on probation by the Commission under terms acceptable to
the Commission.
(5) In determining whether an approved provider qualifies
for renewal for a particular license category based on its examination
passage rate, the Commission may consider a variety of factors, including:
(A) the overall passage rate for sales, broker, and
inspector applicants; and
(B) any trends within the approved provider's passage
rate over the four-year approval period.
(6) The Commission will publish the exam passage rate
of providers by category of license on the Commission's website on
a quarterly basis.
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