The board may grant a license to practice veterinary technology to an applicant who: 1. Is a graduate of an approved program of veterinary technology or completed an equivalency program of veterinary technology as established by the board by rule; 2. Passes the veterinary technician national examination; 3. Passes the state board examination; 4. Has no grounds for license refusal under section 43-29-14; and 5. Meets any additional requirements for licensure established by the board by rule.