(1) The board shall evaluate approved programs for continued approval by monitoring and analyzing program performance through:

(a) periodic survey visits and reports;

(b) accreditation visits and reports;

(c) annual reports; and

(d) other sources of information regarding achievement of program outcomes, including:

(i) student retention and attrition;

(ii) faculty turnover;

(iii) complaints about the program from students, graduates, or faculty regarding program issues; and

(iv) data regarding NCLEX performance.

(2) Programs shall maintain annual NCLEX pass rates for first-time test takers that are no less than ten percentage points below the national average. If a program's pass rate is ten percentage points or more below the national average pass rate, the program must submit a report analyzing the variance and a plan to meet the pass rate requirement.