In deciding to deny or limit a student’s access to campus residency under § 26–504 of this subtitle, an institution of higher education shall develop a process for determining whether there is a relationship between a student’s criminal history and campus residency. The process developed under this section shall be set forth in writing and shall include consideration of: The age of the student at the time any aspect of the student’s criminal history occurred; The time that has elapsed since any aspect of the student’s criminal history occurred; The nature of the criminal history; and Any evidence of rehabilitation or good conduct produced by the student.