Subject to the provisions of this section, the Board shall issue a limited license to practice hearing aid dispensing to an individual who is waiting to take a licensing examination under this subtitle. The Board may issue a limited license to practice hearing aid dispensing only to an individual who: Except for completing the requirements under § 2–302.1(c) of this subtitle, otherwise qualifies for a license; Submits to the Board an application on the form that the Board provides; Satisfies the Board that the individual will practice hearing aid dispensing only within the scope allowed under subsection (c) of this section; and Pays to the Board the application fee set by the Board. While a limited license to practice hearing aid dispensing is in effect, it authorizes the holder to practice hearing aid dispensing only while being trained under the supervision of a licensed hearing aid dispenser or a licensed audiologist. A limited license to practice hearing aid dispensing expires on the first anniversary of its effective date. Subject to the provisions of this subsection, the Board may renew once for an additional 1–year term the limited license to practice hearing aid dispensing to an individual who: Takes but fails to pass the examination; or Does not take the examination for a reason that the Board finds adequate to excuse the failure to take the examination; Submits to the Board a renewal application on the form that the Board provides; and Pays to the Board the renewal fee set by the Board. The total amount of time during which an individual may practice hearing aid dispensing under a limited license or licenses may not be more than 2 years. If a limited licensee fails to receive a full license within 2 years after the initial limited license was issued, the individual shall wait a minimum of 1 year before the individual may apply for another license.