(1) If the applicant has not been enrolled in an approved institution of higher education, has either:
(A) Graduated from an Arkansas public high school and achieved a 2.5 high school grade point average; or
(B) Graduated from an Arkansas public high school, a private high school, an out-of-state high school, a home school high school, or obtained a high school equivalency diploma approved by the Department of Career Education and had a minimum composite score of nineteen (19) on the ACT or the equivalent score on an ACT equivalent; or
(2) If the applicant has been enrolled in an approved institution of higher education, has earned a postsecondary grade point average of at least 2.5.