TMIKY Interview

How TMIKY Adjusts to Changing Needs in Healthcare Training

Looking for some insights into medical and dental assistant training? We got a chance to chat with one of our partner schools, TMIKY, about their growth over the years, how they’re addressing current needs, and what they’re looking towards in the future!

Do you have any plans to expand to more campuses or fields of study, and what was has previous expansion processes been like?

TMIKY has grown tremendously over the years, and we have opened multiple campuses across different regions in the state of Kentucky! We currently have eight campuses open that provide Medical Assisting and Dental Assisting programs for our potential students. Due to our unique design and the high demand for jobs in healthcare, opening a new campus is relatively a successful transition! At this time we do not plan to expand any more brick and mortar locations; however, we are looking to expand our distance learning programs.

What have been some of the challenges of transitioning previously–in-person courses to remote learning, and how did you meet them?

Our current Medical and Dental Assisting programs not only include hands-on skills, but we also include an online platform for the student coursework. Since we already had remote learning within our program, it was very helpful to transition during COVID-19. There were challenges when “meeting” with potential students during this time, but communication via phone, text, and social media were very helpful!

What are some tools you use for your in-person classes, and what are some tools you’re using for remote learning?

Our in-person classes consist of open labs for hands-on training and an externship to learn the skills to become a medical or dental assistant. The students have up to six months to learn all the skills necessary. Remote learning does not consist of any skills, but we do provide weekly communication with an online instructor and offer an optional externship after the program is completed.

What have been some of the benefits of offering financing for your students?

We know not all students are financially stable and need assistance in order to pay for school. Having our financial lenders and our flexible scholarships helps our students make their dreams of having a new career come true! With the affordable monthly payments and terms offered, students are more comfortable signing up for school. Our students are able to start school immediately and not stress about the financial burden that you typically see with a four-year program.

How have you seen the healthcare field change over the years, and how has training for healthcare changed?

Over the years, we have always stayed in-tune with any changes in healthcare through our extern sites. Any new skills or techniques used in the field we definitely want to reflect in our training! With our current pandemic that is occurring, it has taught us how to adjust to new guidelines for healthcare. With our students returning back to class, we have adopted the new guidelines that are set forth!

The interview answers appear verbatim as given by the user, except for the correction of grammar and typing errors. Some answers may have been shortened or rearranged for the sake of clarity.

Leave a Reply

Your email address will not be published.Required fields are marked *

Subscribe to get more info sent straight to your inbox!

What to Expect: Realistic Outcomes

Climb’s Comprehensive Access Solution can offer a strategic balance of increased enrollments and upfront cashflows compared to traditional lenders. While no financing solution guarantees 100% collection, our data-driven approach maximizes both upfront cash and long-term repayment rates.

Typical Partner Results:

  • 15-30% of students qualify for Climb Loans with upfront tuition delivered to the school shortly after course start
  • 45-60% of students qualify for 0% APR* payment plans
  • Enrollment increases of 20%+ reported by partner schools**

**Results vary by school and student demographics. This represents performance reported by individual school partners and should not be considered a guarantee of your specific outcomes.

The bottom line: CAS is designed to maximize your net tuition recovery while eliminating the administrative headaches of student financing.

Maximizing Your Results

Pro Tip: Schools that require student deposits and set up automatic payments during enrollment see significantly better repayment performance across all financing options. These simple steps can meaningfully improve your outcomes.

FAQs

We use a comprehensive, AI-driven assessment that goes beyond traditional FICO scores to better serve career training students:

  • Climb Credit Score: Over 150 data points specifically designed for vocational students
  • Debt-to-Income Ratio: Reliable predictor of payment performance
  • FICO Score: Used primarily for interest rate assignment

Key advantages of our approach:

  • Soft credit pull until loan funding (no credit impact during application)
  • The majority of students receive instant decisions
  • Students can apply with co-borrowers directly in the application
  • More accurate placement into appropriate financing products

We use a comprehensive, AI-driven assessment that goes beyond traditional FICO scores to better serve career training students:

  • Climb Credit Score: Over 150 data points specifically designed for vocational students
  • Debt-to-Income Ratio: Reliable predictor of payment performance
  • FICO Score: Used primarily for interest rate assignment

Key advantages of our approach:

  • Soft credit pull until loan funding (no credit impact during application)
  • The majority of students receive instant decisions
  • Students can apply with co-borrowers directly in the application
  • More accurate placement into appropriate financing products

Students are placed into funding brackets (Elite, Standard, Enhanced) based on our AI assessment. Higher-credit students generate higher upfront payments to your school, while students with limited credit are seamlessly directed to our 0% Payment Plan.

These brackets are established using data from over $1 billion in career training loan originations and may be adjusted periodically based on updated repayment trends.

Important note: Regardless of which bracket a student falls into, they are considered fully paid by your school once funded. The student’s repayment obligation exists exclusively between Climb and the student.

Elite Access not available for Computer Science programs. Upfront percentages vary by industry and loan terms.

Once Climb disburses upfront funding for a student loan, that student is considered fully paid by your school. You will not receive any additional payments for that student—the single upfront payment is complete and final.

From that point forward, the student’s repayment obligation exists exclusively between Climb and the student. Your school has zero liability if the student defaults, and you keep the full upfront payment regardless of the student’s future payment performance.

They’re automatically offered our 0% Interest Payment Plan, ensuring no student is turned away while maintaining steady monthly cash flow for your school.

Higher-credit students generate larger upfront payments (75-100% of tuition), while students with limited credit use our 0% APR* Payment Plan for consistent monthly revenue. Both options are risk-free for your school

Absolutely. Climb complements existing payment options like scholarships, employer-sponsored programs, and internal financing.

Absolutely. Climb complements existing payment options like scholarships, employer-sponsored programs, and internal financing.

Typically, within 5-10 business days after your partnership agreement is signed.

Comprehensive onboarding webinar, continuous partner support via AI-assisted chat and live email—and real-time borrower assistance with our live-chat-available student success team.

No. Climb fully manages the administrative responsibilities—your team simply monitors your school’s performance via our intuitive School Portal.

Your school is fully protected either way. For Climb Loans, you keep the entire upfront payment with zero liability. For Payment Plans, you only receive what students actually pay, with no risk to your school.