You'll find that the Aero Club has made an arrangement with the Polytech to provide the "launching platform" so that the course could be elibible for student loan. (Very similar to the Ardmore Flying School Course - in more ways than one
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A couple of things with this type of course you may want to be aware of is....
1) What qualifications are recognised - ie does the internal exams give you credits for your PPL, CPL, ATPL (or do you have to pay for those exams yourself).
2) What involvement (ie monitoring) does CAA/ASL have on the course content (i.e Are they Part 141 approved - this of course may be where the aero club comes in).
3) If you do not achieve the required qualifications within the 230 hours, who covers the overrun (basically what guarantees do you get if say you cannot fly for 2 weeks due to weather or aircraft unservicabilities, etc)
You may find that it will cost more than the $36,000 that is being advertised.
You may also want to think about what return you will get for your investment. Basically all this qualification will get you is to the proverbial playing field - with the industry in a depressed state and a rather large oversupply of qualified pilots at the moment it may be an awfully long wait to get the next job.