(1) has met the requirements established in section 169c of this chapter;
(2) has received a Masters Degree in Psychology from an accredited institution which has been accredited by a regional accredited body recognized and approved by the Council on Post-secondary Accreditation and the United States Department of Education and any other educational requirements established by the Board through its rules and regulations;
(3) has, subsequent to receiving such Masters Degree, at least three years or 4,500 hours of supervised post-masters practice as approved by the rules and regulations of the board;
(4) passes the examination requirement as established by the board; and
(5) in the case of an applicant from an institution of higher education located outside of the United States, has met the same standards as outlined in section 169d(5) of this title. The psychological associate shall only practice under supervision by an approved supervisor, and in accordance with the rules and regulations of the board.